Total accumulation of the amount deposited in saving account, Mathematics

Assignment Help:

A bank pays on its savings an interest rate of 6% per year but compounds interest monthly (i.e., estimates the interest each month and adds it to the balance). You plan to deposit $100,000 into this saving account today. Show the amount you will accumulate by the end of the 30th year.

ANSWER:

Related Discussions:- Total accumulation of the amount deposited in saving account

Time yourself tests 1-4, 1/4+1/2+1/2

1/4+1/2+1/2

Compute the regular expression, 1. Consider the following context free gram...

1. Consider the following context free grammar G with start symbol S (we write E for the empty string, epsilon): S ---> bB | aSS A ---> aB | bAA B ---> E | bA | aS a. D

Find final position of point by rotation -translation matric, Question: ...

Question: A point in 3D is first rotated anticlockwise by 45 degrees about x axis,then translated along y axis by 2 units.Find the final position of the point if its initial po

Relative maximum point, Relative maximum point The above graph of the ...

Relative maximum point The above graph of the function slopes upwards to the right between points C and A and thus has a positive slope among these two points. The function ha

Determine the average bit rate - huffman codebook, 1. Consider a source wi...

1. Consider a source with 4 symbols {a,b,c,d}. The probability of the 4 symbols are P(a)=0.4, p(b) = 0.1, p(c)=0.2, p(d)= 0.3. a. Design a Huffman codebook for these symbols.

Finding the side of a triangle only using equations, In triangle DEF, angle...

In triangle DEF, angle E is congruent to angle F. If side DE = 3x-6, Side EF = x+2 and Side DF = 18-5x. Find the length of side DE

Show that the vector is in the perfect matching polytope, 1. Let G = (V,E)...

1. Let G = (V,E) be a graph for which all nodes have degree 5 and where G is 5-edge is connected. a) Show that the vector x which is indexed by the edges E and for which x e =

Find the distance of the bird from the girl, A boy standing on a horizontal...

A boy standing on a horizontal plane finds a bird flying at a distance of 100m from him at an elevation of 300. A girl standing on the roof of 20 meter high building finds the angl

Find the z-score, For a population with a mean of μ=80 and a standard devia...

For a population with a mean of μ=80 and a standard deviation of o=12, find the z-score corresponding to each of the following samples. a. M=83 for a sample of n=4 scores b.

Percent of a number, Pay $40 for plan offered for $30 for plan what percent...

Pay $40 for plan offered for $30 for plan what percentage of savings

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages