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

What might cause someone's mental map of a place to change

Which shows a way to find 15×32

What is 9m + 2 = 3m - 10

A car can travel 476 miles on 14 gallons of gas. Write an equation relating the distance d to the number of gallons g. How many gallons of gas does this car nee

Which one of these numbers isn't like the others?:21, 15, 6, 16, 27

what universal conflicts does the Crucible deal with?

Nationalism is to pride in one's national identity as a _______ is to a group of people who share a common identity, a sense of unity, and a desire for self-gov

i need to solve the math problem -2w-6<-10

what are the two general types of energy that can be used to classify many forms of energy?

Three times geoffs age plus 3 is myrkas age. myrka is 48. what is geoffs age?