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

fill in the blank correct relative pronoun​,please
i need help on this question.
What is the formula for hexaboron tetrabromide
Why was life as a nun or missionary appealing to people in the Middle Ages? a. Nuns and monks could marry at that time. b. All nuns and monks were able to visit
Evaluate log 473 round to the nearest hundredth
HELP!! I don't understand!
Roona wants to determine whether drinking green tea causes weight loss. Which of the following types of research methods should Roona use? a. descriptive resear
Underline and correct the errors in each sentence. One example has been done for you.
As of 2015, the citizens of Zimbabwe had an average life expectancy of 61 years. A sudden increase in the quality of health care across the country, due to larg
why has redress been kept as a consumer right by the un?​