3 years ago

A principal of

1 answer:

6 0

Principal = 1600
annual interest = 6% / year
period = 7 years
Future value after 7 years
= 1600(1+0.06)^7
=1600(1.06^7)
=$2045.81
=$2046 (to the nearest dollar)

You might be interested in

Find the volume of the resulting solid if the region under the curve y = 10/(x2 + 3x + 2) from x = 0 to x = 1 is rotated about t

alexgriva [62]

Answer:

Step-by-step explanation:

Check attachment for solution

5 0

3 years ago

If it takes 12 minutes to cut a log into 4 pieces, how many minutes will it take to cut a log into 3 pieces?

balu736 [363]

Answer:

9 minutes

Step-by-step explanation:

5 0

3 years ago

6 more than x is equal to 33. What is the value of x?

Leni [432]

Answer:

Step-by-step explanation:

you subtract 6 from 33 and that gives you your value of x

7 0

3 years ago

Read 2 more answers

Graph y+5x+2.5=0 and (x,y):x->1)

Hunter-Best [27]

Since this is numberical data graph it as a line graph

5 0

3 years ago

A house and a lot is appraised at $212,400. The value of the house is five times more the value of the lot. What is the house wo

Anuta_ua [19.1K]

The house is worth $177,000
the lot is worth $35,400

5 0

3 years ago