ilseortizio ilseortizio

04-09-2018
Mathematics

contestada

You put $939 into an investment at 6% for 6 years. What will be the balance at the end of 6 years

Respuesta :

churchkeys88 churchkeys88

04-09-2018

We will use a Future Value Formula:

FV=PV(1 + i)ⁿ

$939 is our Present Value (PV)

.06 (6%) will be substitued for i (interest)

6 years will be substituated for "n" (numbers of periods)

FV = $939 (1 + .06) ^6

FV = 1331.989446 or rounded to 1331.99 balance at the end of 6 years

Answer Link

Otras preguntas

Christina is using her computer to design invitations to her birthday party. The text of the invitation is contained in a rectangle with a length of 7.5 inches

In the cat, the head is _________ to the tail, whereas in the human the head is ________ to the gluteal region (buttock).

The random movement of simple substances from an area of higher concentration to an area of lower concentration is called

__________ is a chronic disease in which cholesterol and other fats are deposited on the inner walls of the coronary arteries, reducing circulation to heart tis

Is social security tax progressive regressive or proportional?

PLEASE HELP!!!!!!! What did Reagan and Gorbachev sign providing for the destruction of 2,500 Soviet and American missiles in Europe? A) Intermediate-Range Nu

X2-8x+5 in the form of (x-a)2-b where a and b are integers

18.) thanks for ya help

Simply: 1.062 + 6( 3.4 - 4.3m )

Which of the following is a strong acid? A.) NaCl B.) OH- C.) HCl D.) NaOH