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

dx+hy=j what does x=

When light waves first enter the eye, they first pass through this transparent layer where they are refracted

The perimeter of a rectangle is 34 units. Its width is 6.5 units. What is its length?

What type of conic section is given by the equation 4x^2+9y^2=36? What are its domain and range?

how many school text book that i can buy with 5 billion? (this is my civics homework)

dx+hy=j what does x=

do rainforests have seasons? if do What are they?

A machine does 1000 tasks in 4.3 x 10^-2 seconds. How much task will be done in 2 hours? Leave answer in scientific notation.

To make concrete it takes 8 parts crushed gravel, 7 parts water and 5 parts cement mix. A worker needs to make 220kg of concrete. How much crushed gravel, water

birds use their beaks to rub their feathers with oil secreted by the?