Lxizp1350 Lxizp1350

15-08-2017
Mathematics

contestada

Calculate.

The amount to which $5,000 would grow in ten years at 6% compounded quarterly.

$ _____

Respuesta :

musiclover10045 musiclover10045

15-08-2017

5000 x (1 + 0.06/4)^(4*10)

5000 x (1.015^40)

5000 x 1.814018409 = 9070.09 total after 10 years

9070.09 - 5000 - 4070.09 in interest

Answer Link

Otras preguntas

Compare and contrast the relationship between Seminole Indian and Euro-Americans with the relationship of Cherokee Indians and Euro-Americans.

pls helppppppppppp really need help

Find an equation in standard form of the parabola passing through the points. (2, −8), (3, −8), (6, 4)

If $20,000 is invested at 7% for 15 years, find the future value if the interest is compounded daily(365 days)

what is mean by snooker

437. Which of the following words best fits in the blank in paragraph 1 of the passage? a. dramatic b. modest c. undignified d. rewarding

Disk A, with a mass of 2.0 kg and a radius of 40 cm , rotates clockwise about a frictionless vertical axle at 50 rev/s . Disk B, also 2.0 kg but with a radius o

8) What mass of chlorine reacts with 20.0 g of iron to form iron(III) chloride?

Diphtheria is a deadly medical condition. The doctor says they were all thinking of it. 6A. Why have the parents not checked the throat? Infer. 6B. Why has the

all g allow5603642259 pass 123456