leilanizoey1 leilanizoey1
  • 04-06-2020
  • Mathematics
contestada

A principal of $3800 is invested at 8.5% interest, compounded annually. How much will the investment be worth after 12 years?

Respuesta :

gilbertazavedo72
gilbertazavedo72 gilbertazavedo72
  • 09-06-2020

Answer: $10,114.41

Step-by-step explanation:

A = P(1 + r/n)^nt

Answer Link

Otras preguntas

How would you round off a number to one decimal place? For example would 67.39 become 67.4
what is the difference between ions and free electrons?
waht will happen if one of the system fails to carry out its function properly?
how will you describe the pathway of oxygen in breathing system?
Find the pattern and use it to list the nth term in the sequence. 1, 1/32,1/243,1/1024,1/3125
a 22 foot ladder is placed against a vertical wall of a building with the bottom of the ladder standing on level ground 16 feet from the base of the building. h
can someone explain to me how to use "squared"? I do 2+2 and its four. but when I do 3+3 and I get 6, my brother tells me that's not squared. can you help me ou
During an experiment, which factors are observed and measured ?????
what was the german enlightenment?
Find the sum of the first 8 terms of the sequence. Show all work for full credit.1, -3, -7, -11, ...