Ask question

Ask question

All categories

3 years ago

8

A principal of $3500 is invested at 3.75% interest, compounded annually. How much will the investment be worth after 12 years? R

ound to the nearest dollar

1 answer:

Thepotemich [5.8K]3 years ago

4 0

Use the compound amount formula:

A = P*(1+r/n)^(nt)

Here,

A = $3500*(1+0.0375/12)^(12*12) = $5485.24

You might be interested in

You are hanging 3 display shelves with the same width on a wall so that there is 18 inches of space above each shelf for placing

Kazeer [188]

Answer:

You need to have a minimum of 16 inches of clearance.

Step-by-step explanation:

4 0

3 years ago

Please look at the image

Tpy6a [65]

Answer: ok i did :)

Step-by-step explanation: how are you?

6 0

3 years ago

Mario's plumbing service

Sidana [21]

Answer:

So, hour 0 and charge is 0. hour 1 is 25, hour 2 is 50, hour 3 is 75, hour 4 is 100 and hour 5 is 125

Step-by-step explanation:

For every hour, add 25 in each box.

4 0

3 years ago

Fill in the y values of the t-table

lesya692 [45]

(-8,-2)(-1,-1)(0,0)(1,1)(8,2)

3 0

3 years ago

Find the values of x, y and z from the following figures.

11111nata11111 [884]

<em><u>Krishna</u></em><em><u> Chauhan</u></em><em><u> roll</u></em><em><u> no</u></em><em><u> 24</u></em><em><u> class</u></em><em><u> </u></em><em><u>6</u></em><em><u>a</u></em><em><u> </u></em>

7 0

3 years ago