3 years ago

How much money would you need to deposit today at 7% annual interest

Mathematics

1 answer:

Monica [59]3 years ago

4 0

Answer:

$33,090.

Step-by-step explanation:

The formula is A = P( 1 + r/2)^2n so we have:

50,000 = P(1 + 0.07/2)^(6*2)

50000 = P * 1.035^12

P = 50000/ 1.035^12

= $33,090 to the nearest dollar.

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Read 2 more answers

Help on this problem pls<br> Thanx

maw [93]

5/7 +1/3

find the common denominator for both of the fractions

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Answer:

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3 years ago

Jason owns a food truck that sells tacos and burritos. He sells each taco for $4.75 and each burrito for $7.50. Yesterday Jason

Vlada [557]

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3 years ago

What is 85% of 80 need help

romanna [79]

Hello from MrBillDoesMath!

Answer:

Discussion:

85% of 80 =

(85/100) * 80 = => as 85* 8 = (80 +5) * 8 = 640 + 40 = 680

6800/100 =

Thank you,

MrB

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3 years ago