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

What happens before mitosis occurs
How are consumers classified?
Ferns get oxygen from what?
I am doing Algebra for homework what is: bxbxbxb
What is 2.7 KL = ? Cause its kinda hard and I'm in 5th grade and don't call me stupid but I just don't know it
n+9/4n+36 simplify this
Why was the Reapportionment Act of 1929 passed? The number of senators per state was changing as the country expanded. Congressional districts were redrawn to e
an object 3.9 feet tall casts a shadow that is 11.7 feet long. how long in feet would the shadow be for an object that is 13.2 feet tall?
Which of these sentences is punctuated correctly? (5 points) I need to leave for school right now; because I don't have all of my school supplies gathered. I ne
what is 1 3/4 times 150 1/2