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

Find the circumference and the area of the

Which best describes indented writing in a forged document? A.) pressing upon the paper to make writing on papers beneath B.) changing characters with ink of a

can you help me simplify 5c-4d-c-7d please

What motivated Germany to make an alliance with Austria-Hungary? A. Fear of aggression from France B. The desire to invade Russia C. Fear of aggression from Eng

please help me...........

Please help will give brainliest How did the Nile River affect ancient Egypt's development? Choose all answers that are correct. People settled along the river

NEED HELP FAST!!!!!!!!!!

Solve the Equation 2x-3=14 -x+3y=-6

Simplify. − 1 2 x+3−4x+5+ 3 2 x Enter your answer in the box.

what is the volume of a regular pyramid having a base area of 24 in.² and a height of 6 inches?