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

Simplify the logical expression, Simplify the logical expression X‾ Y‾ + X‾...

Simplify the logical expression X‾ Y‾ + X‾ Z + Y Z +Y‾ Z W‾  Ans: The K-Map for the following Boolean expression is described by the following diagram. The optimized expression

Trigonometry, if theta is a positive acute angle and 2sin theta +15cos squ...

if theta is a positive acute angle and 2sin theta +15cos square theta=7 then find the value of cot theta

Calculate the area and perimeter of a right triangle, Calculate the area an...

Calculate the area and perimeter of a right triangle: Calculate the area and perimeter of a right triangle with a 9" base and sides measuring 12 and 15.  Be sure to involve th

Potency of a drug , An experiment designed to test the potency of a drug on...

An experiment designed to test the potency of a drug on 20 rats. Last animal studies have shown that a 10 mg dose of the drug is lethal 5% of the time within the first 4 hours; of

Methods of set representation, I have an assignment of set theory, please E...

I have an assignment of set theory, please Explain Methods of set representation.

Marketing management , #How are Indian customers visiting Shoppers’ Stop an...

#How are Indian customers visiting Shoppers’ Stop any different from customers of developed western countries?

Area under curve, w/ You could use this sample code to test your C function...

w/ You could use this sample code to test your C functions // Please make appropriate changes to use this for C++. // Following main function contains 3 representative test cases

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd