popcernstaleate popcernstaleate

13-10-2017
Mathematics

contestada

The amount that results when $2,000 is compounded at 8% annually over six years.

The amount that results when 2000 is compounded at 8 annually over six years class=

Respuesta :

Aliwohaish12 Aliwohaish12

13-10-2017

The formula is
A=p (1+r)^t
A future value?
P present value 2000
R interest rate 0.08
T time 6 years
A=2,000×(1+0.08)^(6)
A=3,173.75

Interest earned
3,173.75−2,000=1,173.75

Answer Link

Otras preguntas

Another word for mechanical weathering is A. erosion. B. disintegration. C. sedimentation. D. decomposition.

mWrite the correct form of the verb each time, then translate the passage into English.Example: 1 puedoLo siento, no 1 (poder, 1) salir hoy porque tengo que cu

After getting a haircut, Joey’s barber spins him around in his barber’s chair 2 times per second. Is period or frequency given? ________________ What is the pe

Simplify the exspression 10+5n+8+7

Use a calculator to evaluate 2^19 to the nearest ten thousandth. A.724.2007 B. 26.9087 C. 20.5191 D. 4.5298

Andy, Ben, Liza, Ted, and Jim are online customer service representatives. They have all been reprimanded by their boss. Andy is 24 years old. Ben is 46 years o

Write the expression 44(4–7)(4) using a single exponent.

Joe is considering pursuing an MBA degree. He has applied to two different universities. The acceptance rate for applicants with similar qualifications is 25% f

Yo no como esas verduras porque no son ________ (recomendar) por los doctores.

The E100 is compact and easy to maneuver in the heavily populated streets, and its battery can last for about 96 miles, and then takes only about 7.5 hours to c