document.write( "Question 137482: 3,400 principle earning 3% compound after 5 years find the balance in the account...?
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document.write( "i need help with this problem.......can u please help me.i'm an high school student that needs your help! \n" );
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Algebra.Com's Answer #100586 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! 3,400 principle earning 3% compound after 5 years find the balance in the account...? \n" ); document.write( "--------------- \n" ); document.write( "A(t) = P(1+(r/n))^(nt) \n" ); document.write( "A(5) = 3400(1+(0.03)/1)^(1*5) \n" ); document.write( "A(5) = 3400(1.03)^5 \n" ); document.write( "A(5) = 3400*1.159274074.. \n" ); document.write( "A(5) = $3941.53 \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |