nm132019 nm132019

10-08-2018
Mathematics

contestada

how much would 500 invested at 5% interest compunded annually be worth after 4 years

Respuesta :

bawbdmo bawbdmo

10-08-2018

If the interest is compounded annually that means we multiply it by 1.05(5 percent increase) so we would get:

[tex] 500(1.04)^4\approx584.93 [/tex]

Answer Link

Otras preguntas

Which statement correctly describes Napoleon Bonaparte? A. He established the Continental System to keep American goods out of Europe. B. He refused Robespierre

Federalist Position on Congressional Representation –Alexander Hamilton Source: Speech by Alexander Hamilton, a Federalist, given on June 21, 1788 It has been

I need 5 more similes about things found in nature

Expand the equation (p+q)^5

the first great boom in the west was spurred by

We know of species that are no longer living because we have observations. written records. fossil evidence. we do not know this.

The school purchased baseball equipment and uniforms for a total cost of $1,836. The equipment cost $612, and the uniforms were $25.50 each. How many uniforms

You are running a circular track. The distance around the track is 200m. Points G, H, R, J, and K are spaced evenly around the track. If you eun along "arc GHJ"

Why did the US Congress pass an exclusion act in 1882 barring Chinese immigrants? ecause Chinese immigrants would work for low wages, which labor leaders felt t

Who led the Continental Army in the final decisive battle of the Revolutionary War at Yorktown? A. Thomas Paine B. George Washington C. Samuel Adams D. Marquis