AireonY773248 AireonY773248

03-11-2022
Mathematics

contestada

Finding the final amount in a world power problem on a compound interest

Finding the final amount in a world power problem on a compound interest class=

Respuesta :

PierI97834 PierI97834

03-11-2022

Using the compound interest formula, we have:

[tex]FV=2000(1+\frac{0.12}{2})^{6\cdot2}[/tex][tex]FV=2000(1.06)^{12}[/tex][tex]FV\approx4024.39[/tex]

Answer Link

Otras preguntas

An unbalanced force of 25 N, E, is applied to a 12-kg mass. What is the acceleration given to the mass?

How did professors feelings about black well as a student change over time?

what is the term for the condition where red blood shrivels?

Rmshot bought a 3.5oz chocolate bar.within 15minutes he had eaten 0.6 of the bar. How many ounces did he eat?

What events began and ended athens' golden age??

what creates more friction aluminum foil, wax paper or plastic wrap

Prove identity tan 3x−tan 2x−tanx = tan 3xtan 2xtanx

Prove identity tan 3x−tan 2x−tanx = tan 3xtan 2xtanx

A ball is thrown into the air with an upward velocity of 44 ft/s. Its height h in feet after t seconds is given by the function [tex]h=-16t ^{2} +44t+9[/tex]. W

In Latin America, what did land reform accomplish?