In three years, my money doubles. If I start with $3000, how much will I have in 21 years?
Added by Lorenzo N.
Step 1
In 3 years, the money doubles, so after 3 years, you will have $3000 * 2 = $6000. Show more…
Show all steps
Close
Your feedback will help us improve your experience
Sima Sarker and 58 other Calculus 3 educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
You deposit $3000 each year into an account earning 8% interest compounded annually. How much will you have in the account in 30 years?
Madhur L.
You deposit $1000 each year into an account earning 7% interest compounded annually. How much will you have in the account in 30 years?
Gregory H.
You deposit $3000 in an account earning 6% compounded monthly. How much will you have in the account in 10 years?
Recommended Textbooks
Calculus: Early Transcendentals
Thomas Calculus
Transcript
Watch the video solution with this free unlock.
EMAIL
PASSWORD