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Find the value after five years of a $3,000 savings

A trader needs $ 300,000to improve her business, she deposits $ 110000 in her savings account at 5% per annum compound interest.
1. 3 answers
2. asked by Ande2
3. 1,429 views
Luke’s parents started a savings account to help him pay for college or a technology school when he turned 11 years old. Each
1. 1 answer
2. asked by silent
3. 71 views
Suppose that you were saving money over 5 years to use in a purchase later. You have $1000 to put in the savings. After
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2. asked by tracy
3. 700 views
The ratio of Ahmads savings to Azmans savings is 1:3. The average savings of the two boys is $34. Find the savings of each boy.
1. 1 answer
2. asked by Ncm
3. 78 views
The amount of money, in dollars, in a savings account after x years is given by M(x) = 10,000(1.03)x. What does the value 1.03
1. 2 answers
2. asked by Anonymous
3. 1,215 views
Lola's savings, S, grow according to the equation S = 500(1.01)', where t is the number ofyears since she opened her savings
1. 5 answers
2. asked by bagelpizza
3. 58 views
Prince Charming pays a fixed amount of R230 at the beginning of each month for a period of 7 years towards a savings plan that
1. 1 answer
2. 27 views
The function f(x) = 40(1.0025)x can be used to calculate the amount of money in dollars in a savings account at the end of x
1. 1 answer
2. asked by Unknown
3. 70 views
Suppose you deposit $5,000 in a savings account that earns 3% annual interest. If you make no other withdrawals or deposits, how
1. 1 answer
2. 318 views
Suppose you deposit $5,000 in a savings account that earns 3% annual interest. If you make no other withdrawals or deposits, how
1. 1 answer
2. 92 views