osmanfalhado osmanfalhado
  • 01-03-2020
  • Mathematics
contestada

a principal is $3100 is invested at 8.25 % interest, compounded annually. how much will the investment be worth after 14 years

Respuesta :

fiery1765
fiery1765 fiery1765
  • 01-03-2020
The equation is y=a(1+r)^t

A is the principal
R is the rate
T is time
Y is the total

Y=3100(1+0.0825)^14

Y =9404.86
Answer Link

Otras preguntas

Consider the function f(x)=3/4x+12 what is the y-intercept of f-1(x)
True or False: Smooth muscle is under control of the autonomic nervous system.
10. A 20.0 cm tall object is placed 50.0 cm in front of a convex mirror with a radius of curvature of 34.0 cm. Where will the image be located, and how tall wil
Please answer this correctly along with the passage
2 Textos con 5 puntos seguidos, dos puntos apartes y un punto final
Based on the graph, which of the following statements is true? A. The number of cupcakes depends on the total price. B. The total price depends on the number of
What are two reasons East Germans decided to flee and seek safety in West Germany?
Sin(x) = 1/7 A.3.2 B.8.2 C.12.4 D.14.3
What is the area of the hexagon? O 60 O 68 O 120 O 106
If f(x) = 3* + 10 and g(x) = 2x - 4, find (f - g)(x).