BeccaCarter BeccaCarter
  • 01-02-2017
  • Mathematics
contestada

A $500 investment earns 9% compounded semi-anually for 10 years. Calculate final value and show work.

Respuesta :

cjoanw2014 cjoanw2014
  • 01-02-2017
  $1205.86 is the answer
the equation is A= 500(1.045)^2(10)
 the 1.045 comes from adding one to .09 (the percent) divided by 2
Answer Link

Otras preguntas

A line passes through (1,1) , (-2,4) , and (6,n) . Find the value of n.
Tale of Two Cities. Which describes the conflict Mr. Lorry faces when Dr. Manette is released from prison in the bastille  A.Mr. Lorry must tell Lucie Manette t
Write Standard from y=-9/5x+3 ??
Solve each equation -8a - 1=-23
integer problems that equal 36
(x-4)/(y+2)=5 how do i solve this?
both jefferson and jackson used the slogan "equal rights for all, special privileges for none." In what respects did neither one achieve his goals?
Germany surrendered in May 1945 __________. a. before the Western Allies crossed the French-German border b. after German officers assassinated Hitler c. before
justify why a/b x b/c x c/d x d/ e is equal to a/e when b,c,d, and e are not zero?
If an Arctic polar bear is transferred to a zoo in tropical Singapore, it will not be able to survive. What could be the reason for this? a-tolerance only for c