02-06-2017
Mathematics

contestada

5000 principal earning 3% compounded annually, 8 years

Respuesta :

Aliwohaish12 Aliwohaish12

02-06-2017

Hi there
The formula is
A=p (1+r)^t
A future value?
P present value 5000
R interest rate 0.03
T time 8 years

A=5,000×(1+0.03)^(8)
A=6,333.85

Hope it helps

Answer Link

Otras preguntas

how many hours does it take to get 8,425 with 10.25 an hour

When the first Congress met in 1789, some representatives did not think adding a Bill of Rights to the Constitution was necessary. Suppose you are one of the re

Triangle KNM is isosceles, where angle N is the vertex. What is the measure of angle K?

Describe at least two benefits of each type of fitness: cardiovascular fitness, muscular fitness, flexibility, and motor fitness.

What year were The Rolling Stones founded?

A plane is flying at an altitude of 10,000 feet. How far apart are A and B, to the nearest foot? HINT: In order to use trig, make sure you're working with RIGHT

Someone please help me to come up with pros and cons for why the United States should get involved in the Ukrainian conflict and why the United States should no

Installment credit is different from revolving credit because installment credit is: A. Interest free on monthly payments, B. automatically renewed as debts are

25. ___________ arrived for you this morning. A. Furniture C. Some furnitureB. The furnitures D. A furniture E. Some furnitures

What is the area of square whose side is 12 cm A. 144 square cm B. 121 square cm C. 104 square cm D. 48 square cm