nicoletterheanna nicoletterheanna

14-01-2020
Mathematics

contestada

Find the principal needed now to get to $25,500 after 10 years at 6% compounded continuously

Respuesta :

nelsonmsane2 nelsonmsane2

14-01-2020

Answer: $14239.07

Explanation:

A=P(1+I)^n

25500=P(1+0.06)^10

25500=P(1.06)^10

25500÷(1.06)^10=P

P=$14239.07

Answer Link

Otras preguntas

I need help solving this please

What part of the nucleotide is responsible for the way dna stores its information?

A pilot can travel 600 miles with the wind in the same amount of time as 400 miles against the wind. find the speed of the wind if the pilot's speed in still a

The dimensions of aaron’s bedroom are 10 feet by 12 feet. he uses a scale of 1 foot = 3 inches to make a scale drawing of the room. what dimensions should he dr

What percent of 132 is 40

How do you calculate net force?

Where will water evaporate from? a. from oceans and rivers only b. from rivers and streams only c. from any water source and life forms d. from life forms o

Which of the following is a sentence fragment? A. Hiding in the tree fort he had built as a kid. B. Checking his mail each day was always fun. C. Knowin

what is a works cited list? -a list of texts related to your research subject -a list of sources quoted in your research writing -a list of texts that you reco

hikers spent the following amounts of time (in minutes) to complete a nature hike:48, 46, 52, 57, 58, 52, 61, 56. a.find the mean and median times: b.does one