fernnadoorellan2128 fernnadoorellan2128
  • 13-02-2021
  • Mathematics
contestada

Find the total amount of the investment after 10 years if ​$6,000 is invested at ​7.82% compounded daily.

Respuesta :

5321444rag
5321444rag 5321444rag
  • 13-02-2021

Answer:

your future account value: $13,113.94

Step-by-step explanation:

Answer Link
madethisfortwitch1
madethisfortwitch1 madethisfortwitch1
  • 13-02-2021

Answer:

13113.94

Step-by-step explanation:

[tex]PV(1+\frac{i}{n})^{nt}\\\\6000(1+\frac{.0782}{365})^{10*365}\\\\6000(1.0002142)^{3650}\\6000*2.1856= 13113.94[/tex]

Answer Link

Otras preguntas

how would I draw water molecules that would be arranged around the sodium and chloride ions
Mutations can be beneficial. neutral. harmful. all of the above
What is 1/8 out of 16048
the difference between temperature an thermal energy
Explain different ways it is possible to add two rational numbers and get a negative number·
The nation that did not take part in the Potsdam meetings was: a. Russia b. France c. Great Britain d. the United States
Explain how I rotating electric fan might be the model of an Adam
Which characteristic best distinguishes quantitative data from qualitative data?
If 60 is 75% of a value, what is the value?
The interior paint color, Melon Madness,is 30% yellow. Raul used 72 ounces of yellow paint to mix the last batch. How many ounces of Melon Madness did he make i