nalakrad77 nalakrad77

15-01-2020
Mathematics

contestada

Find principle amount that will grow to $25,000 if interest is 3.2% compounded monthly for 3 years?

Respuesta :

chidinmakpaduwa chidinmakpaduwa

15-01-2020

Answer:

$260,416

Step-by-step explanation:

$25,000/(0.032*3)= $260,416

Answer Link

kenlingdad kenlingdad

15-01-2020

Answer:

$22745 for the initial principal

Step-by-step explanation:

For compound interest for 3 years

P (principal) x (1 + r (interest rate))³ = 25000

P = 25000 / (1 + 0.032)³ = 22745

Answer Link

Otras preguntas

What is the relationship between the outline and the draft paragraphs? -The paragraph help define the outline -The paragraphs reorder the outline -The outline

Q: What determines the balance of production and consumption? A) services B) scarcity C) resources D) inadequacy

A food production company is choosing between two suppliers of grain. Supplier A sells grain for $5.25 per bushel plus a delivery fee of $3 per bushel. Supplier

If you found a single cell with two nuclei, what explanation might be true? Mitosis occurred without cytokinesis! Cytokinesis occurred without mitosis!

What do we call the quantity of matter that an object contains? A. mass B. weight C. volume D. density

Removal of necrotic tissue from a burn or ulcer is known as

The founder of Sikhism was primarily influenced by which religions?

Define communication.?

how do you change your name on here ive been trying since i made it.......

The equation Ba(s) + HCl(aq) BaCl2(aq) + H2(g) is an example of which type of reaction? a. double-replacement b. combustion c. single-replacement d. decompo