koraljaramillo koraljaramillo

13-06-2017
Mathematics

contestada

Kevin wants to know how much money he will have in his account if he earns 5% interest compounded yearly for four years on a deposit of 2000

Respuesta :

Aliwohaish12 Aliwohaish12

14-06-2017

Hi there
The formula is
A=p (1+r)^t
A future value?
P present value 2000
R interest rate 0.05
T time 4 years
So
A=2,000×(1+0.05)^(4)
A=2,431.01

Hope it helps

Answer Link

Otras preguntas

9. A soloist can display his virtuosity to the fullest during the A. capo. B. coda. C. cadenza. D. concerto.

Chapter 18 Section 1: 2. What events caused President Truman to propose what became known as the Truman Doctrine?

how to get 24 out of 2 4 9 8

at the start of the battle of Gettysburg, the union army a. drove the confederates out of Pennsylvania b. was forced into a defensive position c. broke throug

How does the graph of y = a(x – h)2 + k change if the value of h is doubled?

Can you please help me sort this in order in events for the war of 1812?

does melodic motion always involve the first note of a song being repeated

HELP ILL GIVE MEDAL! Mrs. Ringel booked a hotel room for 5 nights. She paid a total of $312.50. How much did Mrs. Ringel pay for the hotel room each night?

find the solution of the equation csc2x=1.5tanx-0.5

what character would be the best example of archetype