sirragrac6085 sirragrac6085

15-02-2022
Business

contestada

you deposit $200 today into a bank account. if the account earning 8% annually, how much will you have at the ned of 10 years

Respuesta :

11901781 11901781

15-02-2022

Answer

Future value= present value*(1+interest rate)^periods

Here,

Present value=2500

Interest rate=8%

Year=10

So value of deposit at the end of 10 year= $200*(1+8%)^10

=$431.78

$431

Answer Link

Otras preguntas

[tex] \frac{x + 1 }{2} = \frac{7x - 3}{2} [/tex]Solve it ok please .

Group think refers to the phenomenon where?

The table gives information about the times taken, in minutes, by 22 students to cycle a race. Time (t minutes) 15 20 25 30 Frequency 4 1 7 10 Work out an estim

Best Coffee Enterprises is dealing in a variety of coffee like Expresso, Cappuccino, and Caffe latte etc. It has several outlets in the city. It has a good fina

Construct angles of measures i) 60° ii) 90° iii) 120° iv) 45° v) 105° vi) 135° using compasses.

Are the equations similar? Explain

Andrew is a pole vaulter, but he recently injured his shoulder. He had to miss several weeks of the season but thinks that he is now ready start practicing agai

7th grade math, find the same sum of the cards, it's about adding integers!! please help!!

3. Show how Principle 3 is used when we read a rectangular graph.

Going into the final exam, which will count as two tests, Brooke has test scores of 79, 82, 74, 59, and 96. What score does Brooke need on the final in order to