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

Why was it important for the colonial regions to band together against Great Britain?

An angle measures 1.2° more than the measure of its complementary angle. what is the measure of each angle?

Based on the type of equations in the system, what is the greatest possible number of solutions? StartLayout Enlarged left-brace 1st Row x squared y squared = 9

The Lord Jesus Christ referred to the threefold division of the Old Testament in Luke 24:44. True False

Which table shows a proportional relationship between x and y? x 1 2 3 6 O у 1.5 : 3 6 9 . x 2. 4 5 6 о y 6 12 18 21 х 1 3 4 5 o O y 50 150 200 250 х 3 5 7 8 a

What is the volume of the cylinder below?

After this tour you have_whole afternoon free to explore the city. the aan

need help with thiss

Hooray! Poplin Elementary collected 1,224 Box Tops! The 8 volunteer moms will have to tape them to the turn-in sheet. If they share the work equally, how many w

How do paragraphs 1 and 2 contribute to the overall structure of “Assignment Day"? a They establish the challenging living conditions that affect the characters