nalakrad77 nalakrad77

15-01-2020
Mathematics

contestada

Find principle amount that will grow to $25,000 if interest is 3.2% compounded monthly for 3 years?

Respuesta :

chidinmakpaduwa chidinmakpaduwa

15-01-2020

Answer:

$260,416

Step-by-step explanation:

$25,000/(0.032*3)= $260,416

Answer Link

kenlingdad kenlingdad

15-01-2020

Answer:

$22745 for the initial principal

Step-by-step explanation:

For compound interest for 3 years

P (principal) x (1 + r (interest rate))³ = 25000

P = 25000 / (1 + 0.032)³ = 22745

Answer Link

Otras preguntas

The largest mass extinction in earth's history happened at the end of the _____ period. a. silurian b. permian c. devonian d. cretaceous

Find all the zeros of the function f(x)=x^3+15x^2+67x+53

A scientist estimated that a mixture would need 6 milliliters of a chemical to balance. The actual amount needed was 7 milliliters. What was the percent error o

I need to simplify it

what parts of the grain are used to make products such as brown rice and whole wheat bread?

What is the value of x? A. 6 B. 6 square root of 2 C. 12 D. 12 square root of 2

Solve for x: 4(3x - 5) = 7(2x + 3).

11. A cylinder has a radius of 2x + 3 and a height of 6x + 1. which polynomial in standard form best describes the total volume of the cylinder? use the formul

Doug works 10.50 per hour working at a restaurant. On Friday he spend 1 3/4 hours cleaning, 2 1/3 paperwork and 1 5/12 hours serving customers. What were Doug's

Write two to three sentences explaining one way that Ovid creates suspense in "Pyramus and Thisbe.” Support your response with details from the poem.