Lauryn991 Lauryn991

29-03-2018
Mathematics

contestada

calculate the amount in an account that earns 4.25% apr, compound monthly, for 5 years if you invest $10,000

Respuesta :

calebjclark04 calebjclark04

29-03-2018

FV = P(1+r)^n
FV = 10000(1+0.0425/12)^5*12
FV = 10000(1.003541666...)^60
FV = $12363.019

Answer Link

Otras preguntas

what will be the new balance on $800 in an account that earns 2% simple interest for 5 y

ng game, players can create detailed designs for theircharacter's "costumes," or appearance. Michael sets up a website where players canbuy and sell these costu

The temperature at 12:00 a.m. was-10°F. The temperature increased by Feach hour for hours. What wasthe temperature in degrees Fahrenheit at 8:00 am

Evaluate - b - b2 - 4ac when a = 1, b= -10, c = 9

اقرأ النص التالي ، ثم أجب عما يليه من أسئلة :- 1 - " الروبوت " آلة إلكترونية تم برمجتها ؛ لتؤدي أعمالا يؤديها البشر أنفسهم . وكان أول ظهور لهذه الكلمة في عام 19

The intersection of a right circular surface with a plane parallel to an element of the surface is a(n)___.

describes the relationship between the lungs, the trachea, and the alveoli in the respiratory system?

A projectile is launched from the ground with a velocity of 63.6 m/s, directed at an angle of 37.7 degrees with the horizontal. Determine the time that the proj

At the same time that an 11 inch tall weathervane casts a 16 Inch shadow. a nearby lightning rod casts a 28 inch shadow how tall is the lightning rod

The answer please I was thought in class but the man was too fast Differentiation of a product