Koolioo39671 Koolioo39671

21-02-2024
Mathematics

contestada

7. find when an investment of $1500 accumulates to a value of $3750 if the investment earns 8% interest compounded monthly.

Respuesta :

LiPrk4wood LiPrk4wood

21-02-2024

t ≈ 7.83 years

So, it takes approximately 7.83 years for the investment of $1500 to accumulate to a value of $3750 with an interest rate of 8% compounded monthly.

Answer Link

Otras preguntas

For each subject, fill in the blank with the correct present-tense form of the verb.(to ride)he ____we ____they ___

Use the given property to complete each statement. (Picture)

Find a formula for the nth term Tn of the following arithmetic sequence: 6,7,8,9

What algebraic inequality can be used to represent the following statement? The difference of four times a number x and three is at least thirty-seven.

Which of the following would not be a possible function for f (x) and g(x) such that f of g of x is equal to 6 over the quantity x squared end quantity plus 3

What is the value of the 7 in the number 53.75? Give your answer as a fraction

What is one instance or example of something you have personally encountered that connects to what Johnson was talking about?

Why should decisions taken by the chief minister and other ministers be debated in the vishannh Sabah 7th grade

What were some of the positive and negative effects of the growth of railroads in america in the period 1877-1898?

ASAP, WILL MARK BRAINLIEST Solve for x on all pictures.