hereilly10 hereilly10

02-08-2017
Mathematics

contestada

$1400 principal earning 6%, compounded semi-annually, after 10 years?

Respuesta :

mathmate mathmate

02-08-2017

Assuming future value of the principal is required.

P=1400
i=0.06/2=0.03
n=10*2=20
Future value
=P(1+i)^n
=1400(1.03)^30
=2528.56

Answer Link

Otras preguntas

What can be inferred by the passage of the black codes? Which of the following groups supported Radical Reconstruction? After the passage of the Thirteenth, Fou

Which expression is equivalent to t^2-36

What does a cytoplasm do in a plant cell

Match each mode of transmission with an effective method of blocking it. A. Sexual contact Hand washing B. Direct contact Practicing abstinence C. Animal vect

Mari and Rob are making a poster for the science fair . They need to figure out how much a rock that weighs 7 pounds on earth would weigh on Mars .they know tha

Find the real numbers x and y that make the equation true. -3 + yi = x + 6i

Europe is united under one government. True False

Pembroke native flower seeds has a unique ________ or ways of doing things that evolve through shared values and beliefs

Why was access to the oil fields of the Middle East important to Germany?

How many inches in 1.5 miles