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

how does a damaged nervous system impact the circulatory system ?

Please help me solve this

NEED HELP!!!! ASAP!!!!!!!!! PLEASE!A bond is sold at a face value of $200 with an annual yield of 3%. How much will the bondholder have received in payment from

how do you find the circumference and the area

An item has a listed price of $90. If the sales tax rate is 4% , how much is the sales tax (in dollars)?

A population of mussels was observed in a particular ecosystem. Crabs have recently been observed occupying this ecosystem, which is a novel environment for thi

What are some characteristics of a true fresco? *Make sure you select ALL of the correct answers to earn full points." A) Mistakes are easily fixed by scratchi

Please help ASAP write an essay (2-3 paragraphs) on annotations

1. If an animal is deficient in protein it may: R:have brittle bones and teeth B. not be able to digest and get nutrients from grains. S. will not have the prop

Describe the rules for collecting evidence against a defendant.