jennhenriksen jennhenriksen

04-04-2017
Mathematics

contestada

Sophie deposited money into an account in which interest is compounded semiannually at a rate of 3.2%. She made no other deposits or withdrawals and the total amount in her account after 7 years was $13,987.17.

Respuesta :

Aliwohaish12 Aliwohaish12

04-04-2017

13987.17=p(1+0.032/2)^2*7
Solve for p
P=13,987.17÷((1+0.032÷2)^(14))
P=11,199.99

Answer Link

Otras preguntas

Which of the following organisms can perform alcoholic fermentation? (1) yeast, (2) humans, (3) bacteria. a. 1 and 2 b. 1 and 3 c. 1 only d. 1, 2, and 3

If Walt can paint 25 feet of fence in an hour, and Joe can paint 35 feet in an hour, how many minutes will it take them to paint a 150-foot fence, if they work

An airplane travels 3,260 kilometers in 4 hours. What is the airplane’s average speed?

How many atoms are in 0.750 moles of zinc?

If a slope of a line is 2/0 is it 0 or undefined?

Which of the kingdoms has the smallest number of known species

The value square root of 53 of lies between which two consecutive integers?

“The genetic code is universal.” Explain this statement.

Why was is difficult for the Arab people to form one nation?

After what happened on April 19 can war between the colonies and Great Britain be avoided?