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

please help will mark brainly!!

when does nuclear division occur?

Math , pls helppp ASAP

To which institutional creation of Hamilton's did Thomas Jefferson object because he felt it went against the Constitution? A. an allegiance with Great Brita

Joseph conrads heart of darkness A horn tooted to the right, and I saw the black people run. A heavy and dull detonation shook the ground, a puff of smoke came

I’m in Algebra 1... x(x–5)=14

A campus radio station surveyed 500 students to determine the types of music they like. The survey revealed that 206 like rock, 161 like country, and 118 like j

Please help me with this

What is the solution to the following system of equations?

We've all heard the saying "Good things come in small packages." However, today it seems like many small things ordered over the Internet come in huge packages