ashlee56787 ashlee56787

22-04-2020
Mathematics

contestada

How much would $500 invested at 8% interest compounded annually be
worth after 4 years? Round your answer to the nearest cent.

Respuesta :

chaudhrymaimoonah chaudhrymaimoonah

22-04-2020

The answer is $680.24

Here is the work:

A(4) = 500(1+(0.08/1))^(1*4)

A(4) = 500(1.08)^4

A(4) = $680.24

Answer Link

abbynormal04 abbynormal04

24-02-2021

Answer:

$680.24

Step-by-step explanation:

a p e x :))

Answer Link

Otras preguntas

What is the osmotic pressure, in atm, of a 0.287 M solution of MgCl2 at 37.0 °C? (assume complete dissociation).

HELPPP!!! can someone turn 3x−2=13 into a WORD problem. (i already know answer)

what does photosynthesis form in a leaf first?

Which is the best example of a political effect? students become angry because a specific event was not approved by the school board. a popular decision is made

You toss a coin and roll a number cube. Find P(heads and an even number.)

forces if magnitude 2,5 and 4 units lie in the direction 45°,90° and 135° respectively. Find: A. the magnitude. B. the direction of their resultant

Urgent find the values of x and y 8x+5y=-5 7x-3y=3

Corn is a monocot. According to the table above, does a corn seed have one or two seed leaves?

copy machine can make 250 copies in 4 minutes. Represent rate of change in copies per minute.

Jim takes a piece of plywood that is 45 centimeters long and uses a table saw to make a 53- centimeter cut from corner to opposite corner. What was the width of