dedeisabel
dedeisabel dedeisabel
  • 11-03-2021
  • Mathematics
contestada

How much money will you have after 8 years if you invest $4300 at an interest rate of 2% compounded daily?

Respuesta :

YourMomsBrain
YourMomsBrain YourMomsBrain
  • 11-03-2021

Answer:

1.72 million

Step-by-step explanation:

Use the given functions to set up and simplify 2%

2%=0.02

4300X8=34,400

34,400/0.02= 1.72 million

Answer Link

Otras preguntas

7 times what equals 31
A discounted concert ticket costs $14.50 less than the original price p. You pay $53 for a discounted ticket. Write and solve an equation to find the original p
2. Order 3.3,3.19,3 1/5,3 1/3. 3. 20% of $1500 4. What fraction of 3 kg is 600 g? 5. 10 time its self by 3 times+10 times its self twice+10+1 6. How much is 6.7
in which case, policy,or situation did the motto "kill the Indian, but save the man" play an important roll in western expansion
Stress surrounds us on a daily basis. Which of the following statements BEST describes ways to reduce or handle stress? A. Handling stress effectively involves
What is 44% as a fraction in simplest form
which of the following most inspired the inclusion in the Declaration of Independence of the right of the people to revolt against a tyranical government
What are three key democratic principles ?
Which word is used to name the number 2? x – 2 = 8 A. difference B. factor C. minuend D. subtrahend
Stress surrounds us on a daily basis. Which of the following statements BEST describes ways to reduce or handle stress? A. Handling stress effectively involves