Oberrannaana Oberrannaana
  • 24-02-2017
  • Mathematics
contestada

What is the future value of $1,740 in 16 years assuming an interest rate of 6.75 percent compounded semiannually?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 25-02-2017
Fv=p(1+0.0675/2)^2*16
Fv=p(1+0.0675/2)^32
Fv=5,033.22
Answer Link

Otras preguntas

If 5 times the value of a number is increased by 3, the result is 28. What is the number?
This reproductive structure can be considered an advancement over spores. It protects the embryo from injury and drying out. It also provides food for the embry
the two main types of fermentation are called what
21/36 in simplest form
The table below shows the outputs y for different inputs x: Input (x) 1 1 3 3 Output (y) 4 2 12 6 Part A: Does the table represent y as a function of x? Justify
What is the lcm of two numbers if one number is a multiple of the other give example
Which statement about stress is true? Stress occurs when the body physically sustains grave injury due to environmental factors. The experience of stress in the
When electromagnetic radiation is arranged to wavelength and frequency, it forms the A. electromagnetic spectrum. B. multiple-spectrum vividness. C. ecliptic pl
what is the equation of the through point (-3,6) that prependicular to the line y=3x-10 in slope intercept form ?
Rabies is a deadly disease that progresses rapidly. What type of treatment would be best for a person who has not been vaccinated for rabies and has been bitten