GuessWhoJack22 GuessWhoJack22

05-05-2020
Mathematics

contestada

Determine the amount of interest earned on a $100,000 investment if it is invested at 5.2% annual interest compounded quarterly for 12 years

Respuesta :

0315promise 0315promise

05-05-2020

A= p(1+r/n) ^nt = 100,000(1+.052/4)^(12*4)= $185,888.87

Interest is $85,888.87

Answer Link

Otras preguntas

Jeremy has a 7-foot-long boards. He needs to cut pieces that are 10 inches long from the boards. How many 10-inch pieces can he cut from the board?

Majed bought a new pair of jeans. After the 15% sales tax the jeans were $11.50. How much was the jeans before the sales price?

34 Given the balanced equation representing reaction: N2 + energy ==> N + N Which statement describes this reaction? ( I) Bonds are broken, and the reaction

Write an entry for your blog which describes a place that you have visited which has affected you or stayed in your memory, and explain why this is so. (16 mark

What were the direct causes of the American revolution?

Because of large reserves that center around the Persian Gulf, the Middle East often produces as much as two-thirds of the world’s supply of __________. a. wate

What two major Confederate cities were nearly burned to the ground late in the Civil War?

11 Which substance can not be broken down by a chemical change? (1) ammonia (3) ethane (2) arsenic (4) propanal

A ship is 130 m away from the center of a barrier that measures 180 m from end to end. what is the minimum angle that the boat must be turned to avoid hitting t

Which two cell structures work together in the process of protein synthesis? (1) nucleus and chloroplast (2) ribosome and vacuole (3) nucleus and ribosome (4) m

Q&A Education