02-06-2017
Mathematics

contestada

5000 principal earning 3% compounded annually, 8 years

Respuesta :

Aliwohaish12 Aliwohaish12

02-06-2017

Hi there
The formula is
A=p (1+r)^t
A future value?
P present value 5000
R interest rate 0.03
T time 8 years

A=5,000×(1+0.03)^(8)
A=6,333.85

Hope it helps

Answer Link

Otras preguntas

A plate boundary is a place where two tectonic plates meet. There are several types of tectonic plate boundaries. Which statement shows the correct definition o

name a paralleloram that is neither a square, rhombus nor rectangle

Which are mixtures? Check all that apply.

what is the fourth step in creating a summary

Identify the slope and y-intercept of the following linear equation: y=-5/3 x-2/3 The slope is , and the y-intercept is . The slope is -, and the y-intercept

why does Santiago work for the crystal merchant? (The Alchemist)

Which of the following is NOT a form of energy? Heat Electricity Light None of the Above

Academic integrity only relates to a. Online learning c. Instances of cheating b. All subjects d. Any academic situationAnswer is D. just took the test

A unique characteristics of birds is that they have?

Y-3x=-2 3x=y+6 Solve system..