BeccaCarter BeccaCarter

01-02-2017
Mathematics

contestada

A $500 investment earns 9% compounded semi-anually for 10 years. Calculate final value and show work.

Respuesta :

cjoanw2014 cjoanw2014

01-02-2017

$1205.86 is the answer
the equation is A= 500(1.045)^2(10)
the 1.045 comes from adding one to .09 (the percent) divided by 2

Answer Link

Otras preguntas

How do you solve these? Please explain steps as well. Thanks. 1.) 7x−3=2x−33 2.) 3(x−2)=2(2x−1)

1 divided by 4 ^x = 16 what is x

Which of the following resources is a nonrenewable resource? A.) Gold B.) Carbon C.) Tree D.) River

How many times does 8 goes into 100

A negatively charged ion is called a(n) _____.

What is imperialism? A. love for, and devotion and loyalty to, one's nation. B. to introduce industry into (a country, region, or the like); make industrial.

carbohydrates provide the body with

one of the cats in the neighborhood had six kittens all about the same size. If each of the new kittens weighed about5 1/2 ounces, how much would all the new ki

Which statements describe sustainable development? Fishing does not catch more fish than the number of fish that will be born to replace them. Sustainable devel

Yuri has a rope 12m long. he cuts it into pieces that are each 2m long. what fraction of the rope is one piece