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

\frac{3}{10} = \frac{x}{x + 2}103=x+2x

aden received these two presents for his birthday which has a greater volume SHOW YOUR WORK

According to darwin's theory of evolution, the plants and animals best suited to an environment survive and reproduce, which is known as

A student pulls a box across a horizontal floor at a constant speed of 4.0 meters per second by exerting a constant horizontal force of 45 newtons. approximatel

If you buy 40 tickets for $10, how much are you paying per ticket?

Eric spent $22.00,including sales tax,on 2 jerseys and 3pairs of socks.the jerseys cost $6.75 each and the total sales tax was $1.03.fill in the table with the

What was the ideas about neutrality during ww1 to the passage of the lend-lease act?

Free use of uniforms and socialization with classmates are possible advantages

What was Oslo the capital of before WW2

Which of the following processes does not take place during cellular respiration? Simple sugar breaks down. Carbon dioxide is released. Hydrogen of water is