BeccaCarter BeccaCarter
  • 03-02-2017
  • Mathematics
contestada

calculate how much money would have to be invested today to be worth 100,000 in 9 years with in interest compounding at 8% quarterly. show work.

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 03-02-2017
Pv=100000/(1+0.08/4)^(4*9)
Pv=49,022.32
Answer Link

Otras preguntas

Un dollar canadien vaut environ 2 tiers d’euro Camille jeune française qui vient d’arriver à Montréal, convertit en euros quelque prix affiché chez un dépanneur
In a group of diners, 28 people enjoy fruits and vegetables, and 24 people only ate junk food. Express the following in ratios: Junk food eaters to health food
My father build this house. Change the active sentence into passive sentence​
If this person hav this what would the other person have
DUE IN 30MIN Pyramid The height of the pyramid is 481 feet. If the lateral side is 652 feet, what is the TOTAL length of the bottom of the pyramid face?
If a/b = 5 what is the value of each expression? 2a/3b
What happens when a y-intercept is on the x axis?
Are the sets equal? {p, q, r, s} = {q, s, r, p}
Deondra drove 264 miles in 10 hours. she drives 264 miles in 10 hours. how long does it take her to drive 132 miles
explain the reasons for the building of the berlin wall in 1961​