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

Select the following that are examples of technology in science. Check all that apply.

Find the circumference and the area of a circle with diameter 2 cm. Use the value 3.14 for it, and do not round your answers. Be sure to include the correct uni

2. Rosa and her friends went kayaking at a local lake. Rosa paid $12 for the use of the kayak and paid $7.50 for every 30 minutes on the lake. She paid a total

1. What were 5 promises in the Regpubilcan "Contract with America"?

Which diagram best represents reciprocal disclosure? a. Two curved arrows pointing to the left. b. Two curved arrows pointing to each other forming a circle. c.

For the function f(x) = (x-3)1/2, find f^-1(x)

4 it takes 3 hours to drive a distance of 192 miles. The value you would calculate with this information is the = F instantaneous speed G Velocity H displacemen

Which system has the main function of the body defence

How does the urban and natural water cycle compare?

Describe the best structural configuration for an organization?