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

The equations of three lines are given below. Line 1: =3y+−2x7 Line 2: =y−−23x4 Line 3: =+4x6y−6

simplify 3(x+2)+5x-7 with steps... I am in 7th grade... Will give the brainliest!

Arrange the events in the order in which they happened. Tiles The Akkadians establish the world's first empire. Nebuchadnezzar rules the Neo-Babylonian Empir

I need a three prepositional phrases for 47 in a sentence

Was the slavery battle primarily a conflit between two

What are two ways suffragists worked for women's right to vote?

Some historians argue that american political parties have been strictly practical coalitions, not ideological movements. yet the republican party came into exi

Coming from the world of live theater, welles was an expert at staging action dynamically. most of the images in his films, such as citizen kane (1941) are tigh

Which of the following is considered a reference document? A. An order form for office supplies B. An invoice for new filing cabinets C. A broch

Confused on this can anyone help