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

Write a balanced equation for the combustion of 1 mol of c4h10o(l)

Current-year North Carolina real property taxes will be prorated at the June 26 settlement. How would the $5,645 tax bill proration be reflected on the settleme

What started the great Chicago fire of 1871?

Divide. Give the quotient and the remainder 1493/6

The diameter of the center circle on a soccer field is 20 yards. What is the area of the circle?

-7a - a= Explain please

culture change means basing care on each individuals needs

Can you help me please

Washington made a fortune producing which beverage?.

Money you pay up front to reduce the amount you will owe is called a A. fixed loan B. late payment C. down payment D. short-term loan