Knelson5357 Knelson5357
  • 22-01-2019
  • Mathematics
contestada

A principal of $1500 is invested at 6.25% interest, compounded annually. How much will the investment be worth after 5 years?

round your answer to the nearest dollar

Respuesta :

amandawhite080p71b6i amandawhite080p71b6i
  • 22-01-2019

Answer:

$46,875

Step-by-step explanation:

because Principle* Interest * rate  so 1500*6.25*5= 46875

Answer Link

Otras preguntas

Find the value of x and the measure of each angle in the parallelogram
Convert Repeating Decimal to Fraction Convert the repeating decimal to a rational number. ITEM BANK: Move to Bottom 4936/990 530/900 4311/9900 8099/990 674/990
What’s five divided by 50
Please help on all three of these
3 1 The temperature fell from 0°F to 6 3/5 F below 0f in 2 1/5 hours. What was the temperature change per hour?
What is the value of the fixed points of a temperature scale
What did the Romans do with the ground floor rooms of their homes that face the street!
write a letter to your father telling him about your study and school​
discuss on Paul's early life his nativity and education​
Add or remove commas However,itisnotonlythehotel’slocationthatmakesstayinghereapleasantexperience.FreeWiFimakesgettingonlineapieceofcake,whilsteveryroomisen-su