cayanawatson cayanawatson

03-06-2018
Mathematics

contestada

What will be the value in twenty years of $1000 invested at the end of each year for the next twenty years?

Respuesta :

McChuck McChuck

03-06-2018

The formula for yearly compound interest is A(1 + r)^t

Where is A = 1000, r = 8%, t = 20

[tex]1000(1 + .08)^{20} = 4660.96[/tex]

The answer is $4660.96

Answer Link

Otras preguntas

What’s the answer for this one

The hormone needed for Phase II detoxification is:a) Glutathioneb) Estrogenc) Testosteroned) Insulin

the most efficent way to say yes in french

Suppose total cost in dollars from the production of x printers is given by C(x) = 0.0001x^3 + 0.005x^2 + 28x + 3000 (a) Find the average rate of change of tota

a train accelerates at -1.5 m/s for 10 seconds. if the train had an initial speed of 32 m/s, what is its new speed? 17 32 47 15

enrollment for college R the line graph above shows the enrollment for college R between 1950 and 2000

A bakery used 30% more butter this month than last month. If the bakery used 250 pounds of butter last month, how much did it use this month

Please define the following terms in complete sentences, using the appropriate historical context! Franco-Prussian War Otto von Bismarck Romanov Dynasty Tsar A

From a survey of 100 college students, a marketing research company found that 50 students owned iPods, 60 owned cars, and 30 owned both cars and iPods.

PLEASE HELP ILL GIVE 50 POINTS LOOK AT THE PICTURE