awsomness5012 awsomness5012
  • 13-11-2020
  • Mathematics
contestada

$1,400 principal earning 6%, compounded semi-annually, after 10 years

Respuesta :

Nathaniel2861401
Nathaniel2861401 Nathaniel2861401
  • 13-11-2020

Answer: $2528.56  is the answer because if you do the problem you should get something like this

A=P(1+r/n)^nt

Plug in the values:

P=1400, r=6/100=0.6,

n=2 and t=10

A=1400(1+.06/2)^2(10)

A=$2528.56

Hope it helped

Yours,

Nathaniel

Step-by-step explanation:

Answer Link

Otras preguntas

How does artifical selection affect the environment??
Help please!! A pot of water has a mass of 950g. The specific heat of water is 4.18 J/kg•℃. How muchheat must be absorbed to raise the temperature of the water
Please need help on this one
Help please. Lots of points for helpful solution. Round to nearest tenth
Which is the most important idea in this passage from Frederick Douglass’s autobiography, My Bondage and My Freedom?
1. Compare these objects: Object Alpha is a hoop of mass 55kg and radius .24m; Object Bravo is a disk of mass 86kg and radius .24m; Object Cha
Who decides how in depth news stories or reports will be
Graph each absolute value function. State the domain, range, and y-intercept.
Please help I really need help please
(MULTIPLE CHOICE) What was the impact of Plessy v. Fergusson on states’ rights? A. The case upheld a state’s right to ignore federal legislation in regards to b