brieannamiller1883 brieannamiller1883
  • 03-12-2019
  • Business
contestada

How much would $100, growing at 5% per year, be worth after 75 years?

$3,689.11


$3,883.27


$4,077.43


$4,281.30


$4,495.37

Respuesta :

facundobuzzetti
facundobuzzetti facundobuzzetti
  • 05-12-2019

Answer:

The correct answer is B.

Explanation:

Giving the following information:

How much would $100, growing at 5% per year, be worth after 75 years?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 100*(1.05)^75= $3,883.27

Answer Link

Otras preguntas

The average number of students attending middle school in New York 8x10^2 How many times greater is the overall number of K-12 students compared to the average
anyone please help??
write the equation of the line perpendicular to y=5/6x+2/3 that passes through the point (-3,5)
Please help on #19 and #20
David drove 135 miles in 3 hours what is the unit rate Gunter from Adventure what is the unit rate
1. Draw a diagram to show how energy is transferred by water particles as a wave moves through water.
This program consists of three lottery-funded scholarships for Florida high school graduates who demonstrate high academic achievement and enroll in eligible Fl
The lengths of the sides of a triangle are 7, 24 and 25. Classify the triangle as acute, right, or obtuse. Choose the correct type of triangle below. ⭐️Obtuse ⭐
2x+5I tried to find x and I got -2.5 but I'm not sure ​
True or False. A geosynchronous satellite changes its area in the sky each day.