alxx1312 alxx1312

29-12-2020
Mathematics

contestada

Mila is going to invest in an account paying an interest rate of 2.5% compounded
annually. How much would Mila need to invest, to the nearest cent, for the value of
the account to reach $44,000 in 14 years?

Respuesta :

CruelBanana CruelBanana

29-12-2020

Answer:

15400

Step-by-step explanation:

Answer Link

fascencio fascencio

25-01-2021

Answer:

31140.00

Step-by-step explanation:

A=44,000

r=0.025

t=14

44,000=P(1+0.025)^14

44,000=P(1.412973821)

[tex]\frac{44000}{1.412973821}[/tex] = 31139.99661

Round to the nearest cent

A= 31140.00

Answer Link

Otras preguntas

The relationship between germanic leaders and their nobles (warriors) in which the warriors swore complete allegiance to the king or leader and the leader, in t

The map of the major battles in the interior in 1862-1863 shows that:

Jasmine, a media planner, is preparing a print campaign for a new brand of headphones. jasmine is currently trying to determine the best size and style of the p

Which term is used for the moment when the groups that make up political parties are rearranged?

Qu'est-ce qu'Alfred aime? Qui va à la plage avec Sabine? Où est-ce qu'Alfred va?

When karen's mother got a new phone number, karen memorized it. but when she called her mother a day later, she called the old number. this is an example of ___

Answer and explain please

Find the limit. use l'hospital's rule where appropriate. if there is a more elementary method, consider using it. lim x→8 x − 8 x2 − 64

The public's focus on the liberal versus conservative bias of the media overlooks the media bias created by:

Two right triangles are similar if an acute angle of one triangle is congruent to an acute angle of the other triangle.a.trueb.false