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 slope of a speed-time graph indicates a. acceleration. b. speed. c. direction. d. velocity.

When does new characteristics appear before?

bianca vargas navarro

how are the south American and mexican cultures different? PLZ HELP ME!!

what does histogram mean

Argue for or against the limitation of speed limits.

alcohol affect on the circulatory system can lead to

can two squares of different sizes have the same perimeter

The battle of ironclads: what are the names of the ships and which side are they on?

One of the purposes of the US judicial system is to