adriana012 adriana012

08-05-2018
Mathematics

contestada

Help

How much will $5,000 invested at 6% compounded annually amount to after 10 years?

Respuesta :

TheBreeze TheBreeze

08-05-2018

To find one year, here's the equation:
5000 + 0.06(5000)
For 10 years:
5000 + 10(0.06(5000))
Multiply:
5000 + 0.6(5000)
We can make it smaller:
1.6(5000) = 8000
You can make $8000

Answer Link

Otras preguntas

Hi! Please explain don’t just give the answer if you do so I will mark brainliest.

can someone help with this?

Rewrite the equation below so that it does not have fractions. 2 2 4+ 3 x= 5 Do not use decimals in your answer. + [x = 0 X Х ?

_____ cannot be changed into wire

Tayo let's go shopping, change to indirect

If a neutral atom has a mass of 12 amu and an atomic number of 5, what is the number of protons, neutrons, and electrons in the atom?

is orgenized maningful and useful data

Choose the correct preposition to tell where Carmen is leaving from. 1. Carmen part ___ Méxique. Group of answer choices de d' du des 2. Carmen part ___ Paris.

What is the weirdest question/ picture that you came across on this app that you found disturbing?

Find the value of x 25 points!