NINASHEPARD77 NINASHEPARD77
  • 04-08-2022
  • Mathematics
contestada

How much is a one time investment of 250 be when invested at 6% for 40 years in compound annually

Respuesta :

redbudtree84 redbudtree84
  • 04-08-2022

Hi

6% increase is multiply by 1,06

done 40 times

so : 250* 1,06^40 = 2571 ,

Answer Link

Otras preguntas

how does arachne feel about her weaving skill
In their theories about government, Locke and Hobbes agreed that __________. a. citizens are not required to give up any individual rights c. citizens and their
which conclusion about the meaning Of Y is correct if the allele combination Yy is for yellow seeds?
Susan deposits $1,200 in an account that earns 8% simple interest annually. In how many months will Susan's account balance reach $1,344? (Use the simple intere
Who is W. E. B. Du Bois?
2. What two features must a sample have if it is to accurately represent a population?
1. A scientific hypothesis can become a theory if ______. A) the entire community accepts it B) the hypothesis is tested extensively and competing hypothesis ar
How does the FITT principle apply to the development of a successful personal fitness program?A. The FITT principle helps individuals determine an effective sch
How does the FITT principle apply to the development of a successful personal fitness program?A. The FITT principle helps individuals determine an effective sch
Describe a real world situation that can be modeled by the equation y = 1/20x. be sure to describe what each variable represents.