salmaraz04 salmaraz04

19-08-2020
Mathematics

contestada

$10,000 for 20 years at 5% compounded annually

Respuesta :

mhanifa mhanifa

19-08-2020

Answer:

$26532.98

Step-by-step explanation:

Given:

Principal = $10000
Profit rate = 5% PA compounded
Time = 20 years
Compounds = 20*1 = 20

Sum is:

10000*(1 + 5/100)²⁰ ≈ 26532.98

Answer Link

Otras preguntas

Explain the major beneﬁts of the evolution of sexual reproduction.

A group consisted of 2 girls for every boy. 24 more girls joined in the class. There are now 5 girls for every boy. How many are in the class?

why has relying on one crop or resource presented an economic problem for many latin american nations? how have these nations been trying to solve this problem

Mary's father has five daughters Nana, Nene, Nini, Nono, What is the name of the fifth daughter?

Please tell me what I need to improve and how to improve it also tell me what I should put for my conclusion. Thank you! “Love Exists” True love is when you are

can someone please help me solve x + 0.018 = 9

Why are all 6 digit Fredholl numbers composite

Syah work as senior designer in creative design company. he is an imaginative person and always updates himself with the latest technology and software. and he

advantages and disadvantages of resonance

What effect does temperature have on the characteristics of magma