Wednesday

July 23, 2014

July 23, 2014

Posted by **christopher** on Saturday, April 17, 2010 at 4:50pm.

$4000 is compounded annually at a rate of 11% for 3 years. (Round the nearest hundredths as needed)

- Math -
**tchrwill**, Saturday, April 17, 2010 at 5:25pmSn = P(1+i)^n

Sn = 4000(1.11)^3 = $5,470.52.

**Related Questions**

Math - Find total amount in the compound intrest account. $2000 is compounded ...

Math - $6550 is compounded semianually at a rate of 18% for 18 years. find the ...

College Algebra~ Check answer please - Can someone check my answers please. The ...

compound interest - you invest $750 in a account thatg rearns 4.5%, compounded ...

Algebra - Using the compound intrest formula's A=P(1+r/n)^nt and A=Pe^rt to ...

prealgebra - find the total amount in the compound interest amount. $6350 is ...

Math - An initial amount of $2900 is invested in an account at an interest rate...

Compound interest - Hello My teacher skipped over this and I have no clue how to...

Math - 1. Find the total amount if you deposit $500 at a rate of 5% for two ...

math - So I think I have got these down I just really want to double check the ...