otpimisticjoy8526 otpimisticjoy8526

04-05-2018
Mathematics

contestada

Suppose your friend’s parents invest $20,000 in an account paying 5% interest compounded annually. What will the balance be after 10yr?

Respuesta :

TheBusinessMan TheBusinessMan

08-05-2018

Answer: $32,577.90

A = P (1+ r/n)^nt
P= 20000
R = .05
n = 1
t = 10

Answer Link

Otras preguntas

Term that refers to sanitizting agent with abraders.

PLEEEAAASE HELP Imagine you are preparing a tour guide web page for a time traveler going to the Middle Ages. Use the space below to write down the order in whi

Texas encouraged freedom of religion. Which religions flurished in Texas at this time?

Which statement accurately contrasts Spanish and Anglo methods of settlement in Texas? A. The Spanish government sent mainly soldiers and priests, while Anglos

Which of the following equations represents the graph shown? o f(x) = -x + 2 o f(x) = -x-2 o f(x) = x + 2

When did the earliest Jewish communities start

HURRY PLEASE!!! Which of the following best describes choice blindness? А People are unlikely to remember why they made the choices they did when they reconside

The manager of Marigold is given a bonus based on net income before taxes. The net income after taxes is $50490 for FIFO and $40200 for LIFO. The tax rate is 30

Find the inverse of f(x)=x/4-7

Someone please help and please show the work too :( The sum of two numbers is 15. Twice one number equals 3 times the other. Find the numbers