audreycooper57 audreycooper57

15-08-2017
Mathematics

contestada

$14900 is invested at 2.7% interest compounded quarterly, how much will the investment be worth in 17 years?

Respuesta :

Aliwohaish12 Aliwohaish12

15-08-2017

The formula is
A=p (1+r/k)^kt
A future value?
P present value 14900
R interest rate 0.027
K compounded quarterly 4
T time 17 years
A=14,900×(1+0.027÷4)^(4×17)
A=23,542.78

Answer Link

camohunter2002 camohunter2002

14-04-2020

Answer: C 23,542.78

Step-by-step explanation:

Just finished the A P E X test

Answer Link

Otras preguntas

Evaluate the expression when x = -2.5 1. -x 2. |x| + 3 3. |x| - 4 Help me please!!? D;

the formula for the surface area of a pyramid is: SA=1/2LP+B . which equation solves formula for p

In pure water, a red blood cell from an animal will swell and burst, but a leaf cell from a plant will not. Which structure in the leaf cell is responsible

Solve 2p^4+6p^3-8p^2-4p

How deep can we go into Earth's interior?

What is SADD? How has the organization changed since its founding?

please explain, I don't really get it

WHAT SEPARATES JAPAN AND THE MAINLAND OF ASIA ?

How do I write the equation of the line when using (-4,18)?

What is the difference between evidence and inference?