hereilly10 hereilly10

02-08-2017
Mathematics

contestada

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

Respuesta :

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

The plans for a shed call for a rectangular floor with a perimeter of 204 ft. The length is two times the width. Find the length and width.

The dimensions of a brick that weighs 25 N are 0.19 m × 0.07 m × 0.095 m. What pressure does the brick exert on the ground if it is resting on its largest face?

What is the approximate circumference if the circle that has a center at (2,1) ans passes through the point (2,5). 1. 8 units 2. 13 units 3. 25 units 4. 50 unit

The graph of y = 4x - 11 is translated up 8 units. Which equation represents the translated graph? f y = 4x - 19 g y = 4x - 3 h y = 12x - 11 j y = 12x - 3

A history quiz consists of five true-false questions. If you guess on each question, then the probability of answering all five questions correctly is approxima

Who were the Nazis ?

Buck drove 220 miles in 5 hours. What was his average rate of speed?

The entire region of Northern Africa and southwest Asia has a climate generally described as?

The Radius of a sphere is 5 feet. find the area of the great circle of this sphere

What is the approximate circumference if the circle that has a center at (2,1) ans passes through the point (2,5). 1. 8 units 2. 13 units 3. 25 units 4. 50 unit