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

A couple owned a fine pure-bread albino female poodle (an autosomal recessive phenotype) and wanted to mate her to produce a litter of white puppies. They took

As a child, Raoul loved to prance around the neighborhood wearing silly outfits. As he got older, he realized that he couldn't continue this kind of behavior un

Anne bought 9m of ribbon.She used 1/3 of it to wrap some presents and gave 1/2m to her sister.How much ribbon Anne have?

what are the different types of resources and how they affect development process

indicate the world that does not belong to the sound group bean,pick,bead,peak

True or False: A line perpendicular to x=7 has a slope of 0

One important employer tactic for sharing information and opinions is to hold a group meeting in the workplace during working hours in which employees are force

HELPPPPPP 15 POINTS!!!

the main source of virus is internet and email true or false

Choose the inequality that represents the following graph.