× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
e
5
R
5
e
4
4
d
4
o
3
p
3
t
3
3
m
3
p
3
m
3
New Topic  
PaulKet PaulKet
wrote...
Posts: 488
Rep: 6 0
6 years ago
If you place $100 in a bank account that pays 6% at the end of each year, and you leave your $100 and all your interest in the bank, how much will you have in the bank at the end of seven years with annual compounding?
A) (106)7.
B) 7 ∗ (106).
C) 100 ∗ (1.60)7.
D) 100 ∗ (1.06)7.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 45 times
1 Reply
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

Related Topics

Replies
wrote...
6 years ago
D
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1043 People Browsing
Related Images
  
 256
  
 273
  
 1254