edmoribeiro17ovx5p4 edmoribeiro17ovx5p4
  • 02-12-2017
  • Mathematics
contestada

Determine the amount of money you will have if you deposit $108,000 for 25 years at 8% annual interest, compounded quarterly.

Respuesta :

toporc
toporc toporc
  • 02-12-2017
[tex]A =108000(1+\frac{0.08}{4})^{4\times25}=782421.78[/tex]
The answer is $782,421.78
Answer Link
XxXxXxXxXxXxXxX
XxXxXxXxXxXxXxX XxXxXxXxXxXxXxX
  • 24-04-2019

Answer: The answer is $782,421.78

Step-by-step explanation:

Just got 100% Gradpoint

Answer Link

Otras preguntas

solve |x|<6 a. {-6, 6} b. {x|x> -6 and x< 6} c. {x|x< -6 or x< 6}
NEED HELP....arrange the following in ascending order: 13/24;2/3;7/12;5/6;5/8
winter is a symbol for death because it is the ?
write a fraction that is between 0.1 and 1/5, has a whole -number numerator, and has a denominator of 100.then express an equivalent decimal form for this fr
How does the product 110 x n compare to the product 11 x n
The substance floats or sinks in another because of its relative
the heliocentric theory is best described as a theory that identifies the sun as the center of the universe, with planets revolving around it identifies the ear
Which three numbers are greater then 0.716 and less then 0.9
A number and +7 is less than or equal to nine
what is an explanation for why milk sours