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

Describe two situations in which mantle rock can melt without an increase in temperature. How do these magma generating mechanisms relate to place tectonics

Select the three business advantages of globalization. There is increased collaboration in problem solving. It is easier for small businesses to compete. The

6. Name the two hormones that the thyroid gland produces once it is stimulated by TSH

A race car was is moving at a constant speed of 35 m/s. A security car was moving at a speed of 5 m/s as the race car passes by it and was accelerating at const

The coach separated the 18 players at basketball practice into 3 different groups. How many players were in each group?

Which of these were part of the first four provinces of the new federation? Ontario Nova Scotia New Brunswick Quebec Manitoba Alberta

PLEASE HELP Which diagram represents a gas that has been ionized?

60 POINTS PLS HELP I BEG YOU ASAP

Which company should Jeffrey choose if he wants to pay the lowest total cost for an event with 30 attendees?

150 words longAn excursion you've been to on French