sabuc2009 sabuc2009

02-11-2019
Mathematics

contestada

Find the compound interest on 50000 for 9 month at 8 %

Respuesta :

cygilberts cygilberts

02-11-2019

Answer:The answer is 5, 414.52

Step-by-step explanation:

Since number of years isn't imputed, it will be assumed it's for 1 year

Hence using Compound interest formula

A = P( 1 + r/n)^not

Inputting values

A = 5000( 1 + 0.08/9) ^ 9*1

A = 5, 414.52

Hope this helps

Answer Link

Otras preguntas

change -23/20 into a deciamal

how much is 409,000x509,000

The measure of an angle is 34.6°. What is the measure of its complementary angle?

Any gîrls here free to talk

Gavin was thinking of a number. Gavin subtracts 10 from it and gets an answer of 2.7. What was the original number?

NEED AN ANSWER NOW!! ITS WORTH THE POINTS!! DUE TODAY AT 10!!!!! The grid above shows the graph of the parent function and a translated functions graph. Write

Can someone help me? Im really bad at English

1+0.9+0.08+0.001 Somebody can help me please

Sam says, "All tigers have stripes." Bob says, "I see a tiger!" What conclusion can Sam draw? What Law did he use to reach that conclusion?

Determine the solution for 72 = 3(5b − 1). b = 3.5 b = 4.6 b = 5 b = 14.2