cayanawatson cayanawatson

03-06-2018
Mathematics

contestada

What will be the value in twenty years of $1000 invested at the end of each year for the next twenty years?

Respuesta :

McChuck McChuck

03-06-2018

The formula for yearly compound interest is A(1 + r)^t

Where is A = 1000, r = 8%, t = 20

[tex]1000(1 + .08)^{20} = 4660.96[/tex]

The answer is $4660.96

Answer Link

Otras preguntas

The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equili

I need help on this question plz

How many joules of energy are required to heat 2.5 kg water from 18.5 to 55.0?

Help please i will rate 5 stars

1. How is the use of setting in "Paul's Case" and "The Cask of Amontillado" similar? A. Both use settings to show the contrast between freedom and imprisonment.

There are 8 ducks swimming in a pond. If 6 have green wings and 2 have blue wings, what fraction of the ducks have blue wings?

Whats an equivalent expression for wb using only multiplication

"How is knowing details about statistical studies important in forming opinions about the validity of what we read?"

Click an item in the list or group of pictures at the bottom of the problem and, holding the button down, drag it into the correct position in the answer box. R

A falcon flying at a height of 600 feet spots a sparrow flying at a height of 450 feet. The location of the sparrow makes an angle of 42 degrees from the horizo