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

solve each system by elimination> 9x-3y=3: 3x+8y=-17

how is the trading in the stocks of major corporations regulated

what fraction of 1 quart is 3 cups

The Mogul Dynasty in India was established by __________. Akbar Babur Shah Jahan Tamerlane

identify the theory that is fundamental to all organsims

Did the founding fathers wear wigs?

Which of the following is not a major economic activity of the Outback? a. Agriculture b. Tourism c. Fishing d. Mining

Which three of these ideas are part of Roosevelt’s foundation for a strong democracy? Choose one answer from each group. Type the LETTER ONLY for each answer in

Which choice would be considered a nation? the German Army the Cherokee people a group of Japanese chefs a French-language organization

Identify Two Policies That The Federal Government Can Follow In Order To Make The Business Cycle Less Disruptive?