kayanglin kayanglin

18-06-2017
Mathematics

contestada

If you save 4,500 at an interest rate of 13 percent per year how much will you have at the end of 7 years

Respuesta :

Aliwohaish12 Aliwohaish12

18-06-2017

Hi there
The formula of the compound interest is
A=p (1+r)^t
A future value?
P present value 4500
R interest rate 0.13
T time 7 years
So
A=4,500×(1+0.13)^(7)
A=10,586.72

Best of luck!

Answer Link

Otras preguntas

Research that produces numeric results that can be analyzed using a variety of statistical programs is known as: a) Qualitative research b) Empirical research

(Enchantress from the Stars) Put the following statements in the order in which they occur in the novel:A.Georyn halts a mass of rock in the air.B.Jarel neutral

Write an equation for the function whose graph is shown to the right. The graph shows a transformation of a common function. A coordinate system has a horizonta

can someone please check if this is right :)

Which type of risks occur from fluctuations in business conditions? a) Market risks b) Operational risks c) Credit risks d) Liquidity risks

In Traditional Chinese Medicine, the parameters of The Eight Principles include all of the following except: a) Exterior/Interior b) Cold/Hot c) Yin/Yang d) Hea

Which of the following terms describes the media only using certain facts to shape the public's response to an issue? A) Objective reporting. B) Fair journalism

A coil of includance 80mH and negligible resistance is connected in Capacitance of 0.25 macroF and a resister of Rastance 12.5 Series accross a 100v variable fr

Find the volume of the solid produced by rotating this two-dimensional shape using the axis shown. Round your answer to the nearest hundredth.

Question 5 1. a. b. C. d. Give the rate asked in brackets for each of the statements below: 400 words in 15 minutes (words/minute) 1500km in 9hours (km/h) 58km