christianjack21
christianjack21 christianjack21
  • 01-05-2018
  • Mathematics
contestada

The amount after 8years will be what

The amount after 8years will be what class=

Respuesta :

mkryukova19 mkryukova19
  • 01-05-2018
P=5000
t=8
r=7%=0.07
n=4
Now all of this have to be substituted to the formula
A=5000(1+0.07/4)^(4*8)=5000(1+0.07/4)³²=8711.07
Answer Link

Otras preguntas

30% of ____ is 90. Enter the unknown value that makes this statement true
Theresa worked 9 hours on Monday and 7 hours on Wednesday. Her total pay was $116.00. What is her rate per hour?
The sum of two positive numbers is 5 times their difference. What is the ratio of the larger number to the smaller number?
describe the weather associated with a high presurre system
butterfly has a wingspan of 66 millimeters and a height of 6 centimeters which is greater its wingspan or its height
What is capital as a factor of production?
which of the following polymers functions as insulation to help animals conserve heat
what is the distributive property for 8 x 71?
16 times what equals 320
Which scientist is responsible for the theory known as “survival of the fittest”? a. Pasteur c. Faraday b. Mendel d. Darwin