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

In 1965, Congress created the __________ program which provides medical help for people over 65 and the __________ program which provides medical help for the p

What is the most likely subject of the passage? a. reducing and recycling waste b. how to be a good neighbor c. helping people in need d. issues faced by a neig

What is the appositive phrase in this sentence? Coach smith has special exercises for us pitchers. a. Exercises b. Coach c. Us d. Pitchers

The function f(x) = 4.50x + 19 relates how much Sean pays to his scout club, f(x), to the number of patches, x, he earns in a month. What is the value and meani

what is one of the three things the opponents of the political machines argued about

What gives the author's writing about the Civil War authenticity? a. Bierce lived during the Civil War time period. b. Bierce actually fought as a soldier durin

When 3.00 moles of hydrogen molecules and 1.50 moles of oxygen molecules react, they form 3.00 moles of water according to the reaction below. Does the mass of

What court case upheld the use of implied powers by Congress in any way they see needed? a. Brown vs Maryland c. Brown vs Maine b. McCulloch vs Maryland d. McCu

Why are bees important to the reproductive success of flowering plants? a) bees transport nutrients to the plant b) bees carry pollen to other plants c) bees b

The equation of circle having a diameter with endpoints (-3, 1) and (5, 7) is