Ohhhh my goshshhh, who can please help me If you save $3,000 at an interest rate of
14 percent per year, how much will you have at the end of six years?

Question

Ohhhh my goshshhh, who can please help me If you save $3,000 at an interest rate of 
14 percent per year, how much will you have at the end of six years?

kl0723 · Answer

you have to use the formula for compund interest :) and plug in numbers

kl0723 · Answer

$$A = P(1+\frac{ r }{ n })^{nt}$$

anonymous · Answer

I'll try

anonymous · Answer

http://openstudy.com/study#/updates/54233491e4b01666d9fc89b6 please help please please please

anonymous · Answer

I got 5600

kl0723 · Answer

A = you answer, P = money being saved , r= interest rate, t= # of years

anonymous · Answer

i got 210000

kl0723 · Answer

wait... r has to be expressed as 0.14 and not 14

anonymous · Answer

oops

elsa213 · Answer

14%

kl0723 · Answer

your n should be one since there is no multiple compund for each year

anonymous · Answer

1. Renting a bicycle at a local Bike shop costs $30 for the first day and $10 for each additional day. a. Create a chart of values and write an equation to find the total cost, C in terms of the number of days d. b. Use the equation you created in Part a to find the cost of renting a bike for 5 days. 2. Simplify the following problem using the distributive property: 2x + 3y + 2(x – y) – 3x. Show each step in your calculation. Justify each of your steps using number properties. Answer:

kl0723 · Answer

I get 6585 if rounded the closest integer :)

anonymous · Answer

Thank You needs more help.... you really helped so did u ki thank you, now i understand.