PearlJam819
16.07.2019 •
Mathematics
How much would $400 be worth after 16 years, if it were invested at 3% interest compounded annually? (use the formula below and round your answer to the nearest cent.) a(t)=p(1+ r/n)^nt
Solved
Show answers
More tips
- A Auto and Moto Mastering One-Movement Parking: All You Need to Know...
- P Photography and Videography Understanding HDR: How It Works and Why You Need It...
- P Photography and Videography How to Choose the Perfect Photo Paper for Your Images?...
- C Computers and Internet How to Choose an Uninterruptible Power Supply (UPS) for Your Computer: Expert Tips...
- S Science and Technology How to choose a home theater system?...
- A Auto and Moto How to Choose a Car Wash? Tips and Recommendations...
- A Animals and plants How ants survive winter: exploring the secrets of their winter life...
- C Construction and repair How to Choose the Best Underfloor Heating?...
- S Sport When is the Champions League final?...
- S Sport When and Where Will the 2014 World Cup be Held?...
Answers on questions: Mathematics
- M Mathematics Using a table of values, determine the solution to the equation. 3^-x=2x-1...
- M Mathematics A botanist measures the heights of 16 seedlings and obtains a mean and standard deviation of 72.5 cm and 4.5 cm, respectively. Find the 95 percent confidence interval...
- M Mathematics Solve the equation f(x)=g(x) by graphing the functions f(x)=2x+1 and g(x)=5 on the same set of coordinate axes. Which statements about the solution to the equation...
- M Mathematics 0.756 is what percent of 27...
- M Mathematics You want to buy a car, and a local bank will lend you $40,000. The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 12%...
- M Mathematics 6 x exponent 3 + 6x exponent 2 + 6x...
- M Mathematics The average of a set of six numbers is 10. If 5 is added to each number in the set, what is the average of the new set of numbers?...
- M Mathematics Help me pls (10 points )...
- M Mathematics Jen bicycles 180.2 miles every week. Which algebraic expression could you use to calculate the total number of miles Jen bicycles in w weeks?...
- M Mathematics For women aged 19-24, systolic blood pressures (in mm Hg) are normally distributed with a mean of 114.8 and a standard deviation of 13.1. Find the probability that...
Ответ:
How much would you have after 16 years under such circumstances?
A = Amount = $400(1+0.03)^16. => $400 (1.03)^16 = $400(1.60)
Thus, you would have accumulated $641.88 after 16 years. Sounds like a pretty good deal to me. ;)
Ответ:
What this means is: the point on the graph that the given line goes through when x=0. In this case, “b” is -1, so the line will go through (0,-1).