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

William Byrd was known as a genius of what instrument?
Strong language often means
Rachel Carson's 1962 best-seller which launched the environmental movement is a. Silent Spring. b. A Sand County Almanac. c. Desert Solitaire. d. Guns, Germ
Who was the 33th president?
1. The edge of a hemisphere is an ___________. 2. A line segment with one endpoint on center of the circle and the other endpoint on the circle. 3. In
during normal mitotic call divsion, a parent cell having cell having eight chromosomes will produce two daughter cells each conatining
P= $25,000 r=0.5% t=6 Months find the interest rate
Twice the sum of a number and 16 is 52. what is the number?
advantages and disadvantages of SETAs
can yall please help me