Ask question

Ask question

All categories

3 years ago

15

Lucas invests $12,500 in an account that earns 6.2% compound interest if Lucas does not make any additional deposits or withdraw

als how much will be in his account after 16 months?

1 answer:

kow [346]3 years ago

3 0

Assuming it is compounded monthly, Lucas will have $28,128,737.86 in his account after 16 months.

You might be interested in

What is 589 times 85

babunello [35]

Answer:

50065

Step-by-step explanation:

5x500 is 2500, 5x80 is 400, 5x9 is 45. 80x500 is 40000, 80x80 is 640, 80x9 is 720. I split them all up and when you add them it makes 50065

8 0

3 years ago

MAY I GET HELP PLEASE?

Mrac [35]

Answer:

For Part A equation: 32 + 4x = 240

8 0

3 years ago

Read 2 more answers

What is the distance between the points (7, 8) and (–8, 0) on a coordinate grid?

charle [14.2K]

Answer:

the distance is 17 units

5 0

3 years ago

Read 2 more answers

What is 15/18 in simplest form

Julli [10]

The answer is: 5/6 or 0.833333

3 0

3 years ago

Read 2 more answers

Dion grated 1/2 cup of cheese for a pasta dish. The recipe calls for 2/3 cup. How much more cheese does Dion need to grate? Whic

svet-max [94.6K]

It is a. hope this helps. it's just adding and subtracting fractions.

5 0

3 years ago