hereilly10 hereilly10
  • 02-08-2017
  • Mathematics
contestada

$1400 principal earning 6%, compounded semi-annually, after 10 years?

Respuesta :

mathmate
mathmate mathmate
  • 02-08-2017
Assuming future value of the principal is required.

P=1400
i=0.06/2=0.03
n=10*2=20
Future value
=P(1+i)^n
=1400(1.03)^30
=2528.56


Answer Link

Otras preguntas

HELPPPPPPPPPP PLEASEEEEEEEE!!!!!!
Why did people from the Appalachian Mountains settle in the Ozark Mountains 1 point
convert the following measurment​
Find the value of the expression vw × 2 × u − 20 for u = 2, v = 3, and w = 2.
what is the equation?
uh just take em ok ‼️‼️‼️‼️‼️
f(x)=2x-8 g(x)=x^(2) Find a value of x such that fg(x)=0.
Use the drawing tools to form the correct answer on the number line. Graph the solution set to this inequality. -2z+9≤ 5z - 12 Drawing Tools Select Point Open P
find the volume of the cone shown below
a pencil cost $(x-5) and an exercise book cost $(2x+10). If the sum of the cost of the two items is devided by 7, the result is $5.00. Calculate the cost of an