marianospeinadoxdnls marianospeinadoxdnls

23-06-2018
Mathematics

contestada

Use A= P(1+r/n)^nt to solve. How much will you have after a $5,000 investment at 2% interest compounded annually for 50 years?

Respuesta :

23-06-2018

You will have $13457.94 after 50 years

Answer Link

bayleecase2002 bayleecase2002

23-06-2018

Start by setting up your equation like this
A = 5,000(1+(0.02/1))^1*50
then solve
A = 5,000(1.02)^50
A = $13,457.94

Answer Link

Otras preguntas

Josh sits in his kitchen in the city projects trying to sip his coffee, while inhaling the nauseating fumes wafting from the town dump that was relocated to wit

What is the total number of electrons in p orbitals in a ground-state iron atom? a. 6 b. 18 c. 12 d. 24 e. 30

What is the approximate length of AC?

Question 18 of 20 3 Points What are three advantages of digital X-rays over film X-rays? A)they produce less waste B)they work on soft tissues C)they provide be

0f the three primary germ layers, which is responsible for developing into nervous tissue? a) Endoderm b) Ectoderm c) Mesoderm d) All three primary germ layers

A ball is on the end of a rope that is 1.72 m in length. The ball and rope are attached to a pole and the entire apparatus, including the pole, rotates about th

d – 10 – 2d + 7 = 8 + d – 10 – 3d

You have come across an old dataset in your research lab. The researcher recorded temperature, precipitation, and plant species over a time span of five years,

For which rational expression is -5 an excluded value of x?

Why do mountains form around big bend