What is the balance after one year

Reference no: EM13195864

What is the balance after one year if an account containing $500 earns 5% annual interest, if the interest is compounded:

(a) annually? : Balance = $

(b) weekly (52 weeks per year)? (Round to the nearest cent): Balance = $

(d) continuously? (Round to the nearest cent): Balance = $

Reference no: EM13195864

Questions Cloud

Find the height of the object : The expression 200 - 16t2 models the height in feet of an object that falls from the initial height of 200 feet t seconds after being dropped. Find the height of the object after 1.25 seconds.

What is the speed of the two cars : two cars leave a city and head in the same direction. after 7 hours, the faster car is 35 miles ahead of the slower car. the slower car has traveled 329 miles. what is the speed of the two cars?

How fast is the diameter of the balloon decreasing : a spherical balloon is to be felated so that the radius decreases at a rate of 3ft^3/min. How fast is the diameter of the balloon decreasing when the radius is 1ft?

Rationalism-empiricism-realism-idealism-materialism : Explain who the main contributors were for EACH school of thought( Rationalism, Empiricism, Realism, Idealism, Materialism, Determinism Existentialism, Dualism Functionalism, Structuralism) and the evolution of how each grew out of the original field..

What is the balance after one year : What is the balance after one year if an account containing $500 earns 5% annual interest, if the interest is compounded:

At what time were the two boats closest together : A boat leaves a dock at 2pm and travels due west at a speed of 15 km/h. Another boast has been heading due south at 12km/h and reaches the same dock at 3. at what time were the two boats closest together?

Hydrogen production by water electrolysis : I am asking for a full project with mass and energy balance about "hydrogen production by water electrolysis using alkaline with KOH as electrolyte? or anything related to the same subject??

Find the dimensions of the box of greatest volume : An open rectangular box is to be constructed from material that costs $12/ft2 for the bottom and $10/ft2 for its sides. Find the dimensions of the box of greatest volume that can be constructed for $81.

Construct a 95 percent confidence interval for the true mean : A laboratory tested 87 chicken eggs and found that the mean amount of cholesterol was 235 milligrams with milligrams. Construct a 95 percent confidence interval for the true mean cholesterol content, , of all such eggs.

User Account

All Pages