3 years ago

Find the present value that will grow to $23,000 if interest is 5% compounded quarterly for 19 quarters.

1 answer:

6 0

Find the present value that will grow to $23,000 if interest is 5% compounded quarterly for 19 quarters.

Used compound interest formula.

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ycow [4]

Answer:

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Step-by-step explanation:

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2 years ago

Nadusha1986 [10]

I hope this helps you

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3 years ago

Georgia [21]

Answer:

Step-by-step explanation:

Take sides AD and MP.

6 in. in ADCB is 3/2 * 4 in. in MPON

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2 years ago

trapecia [35]

36
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3 years ago

Sladkaya [172]

$60

400 ÷ 7 = 57. 1428571429

Since that's not an option we estimate it. The closest number is $60 so, there's your answer!

I hope this helps! sorry if it's wrong :(

~ Kana ^^

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2 years ago

Find the present value that will grow to ​$23,000 if interest is 5​% compounded quarterly for 19 quarters.