quaterlinkin quaterlinkin
  • 11-09-2020
  • Mathematics
contestada

An investment of $7,500 increases at a rate of 10.5% per year. Find the value of the investment after 5 years.​

Respuesta :

karsenmitchell
karsenmitchell karsenmitchell
  • 11-09-2020
10.5%= 1.105
7,500•1.105=8287.5
8287.5•5=41437.5

Answer= $41,437.5
Answer Link

Otras preguntas

What made it difficult for freed Americans to take advantage of the homestead act?
Read the excerpt from "Aunty Misery.” Time passed and both Aunty Misery and her tree grew bent and gnarled with age. One day another traveler stopped at her doo
A company plans to ship 2,000 packages of chocolate. The company randomly selecta 100 packages and finds that five packages have an incorrect weight Based on th
help its urgent!!!!!!!
If the diameter of a circle is 14 inches, which of the following is the best approximation of the area of the circle?
what is kinematics ?name its father and explain its history !ty ~​
g+6 ≥ 5 I need help I don't know how to do it
Benoit has 2 hens which give him, in all, 2 eggs every 2 days. If he had 4 identical hens, how many eggs would they lay in 4 days?​
Select all that apply. Which of the following components should a fire escape plan include? multiple escape routes from every room a safe meeting place away fr
True or false commercial banks tend to keep mortgage loans in their portfolio through maturity.