osmanfalhado osmanfalhado

01-03-2020
Mathematics

contestada

a principal is $3100 is invested at 8.25 % interest, compounded annually. how much will the investment be worth after 14 years

Respuesta :

fiery1765 fiery1765

01-03-2020

The equation is y=a(1+r)^t

A is the principal
R is the rate
T is time
Y is the total

Y=3100(1+0.0825)^14

Y =9404.86

Answer Link

Otras preguntas

what is the slope of y=1/4x+1

how to simplify 81 1/2

Charlotte reads 8 1/3 pages of a book in 10 minutes. What is her average reading rate in pages per minute?

An alpha particle, which is a helium nucleus, has a mass of 6.64 x 10-27 kg. It is traveling horizontally at 42.3 km/s when it enters a uniform, vertical 1.60

Mr.Peter has 80 sheets of colored paper. Seven of his students need the paper for a project. How many sheet does each student get? How many sheet are left over?

What is 4180 round to the nearest thousand

How does the position of a digit in a number relate to its value

what is 1 64/100 in simplest form? how do I solve it

8+|1+(-15)| how do u solve this ?

AS a solid substance absorbs heat at its melting point, the melting point will a. increase b. remain the same c. decrease