Ask question

Ask question

All categories

2 years ago

11

] You are scheduled to receive $20,000 in two years. When you receive it, you will invest it for six more years at 8.4 percent p

er year. How much will you have in eight years?

1 answer:

Alex Ar [27]2 years ago

6 0

Answer:

32449.3

Step-by-step explanation:

use the formula A = P(1+r / 100)^t

20000 × (1+ (8.4 / 100))^6

=32449.3

You might be interested in

Share $600 between Anna and Raman in the ratio 3:7 and 1:4

Ulleksa [173]

Answer:

3 : 7 =>

Anna = $180

Raman = $420

1 : 4 =>

Anna = $120

Raman = $480

Step-by-step explanation:

<u>Shares when ratio is 3 : 7</u>

Anna : Raman = 3 : 7

Sum of ratio 10

Anna's share=

$\frac{3}{10} \times 600 = \$ 180$

Raman 's share=

$\frac{7}{10} \times 600 = \$ 420$

<u>Shares when ratio is 1 : 4</u>

Anna : Raman = 1 : 4

Sum of ratio = 5

Anna 's share =

$\frac{1}{5} \times 600 = \$ 120$

Raman's share =

$\frac{4}{5} \times 600 = \$ 480$

8 0

2 years ago

Find the value of sin30+tan^(2)60+sec^(2)45

xenn [34]

Answer:

Step-by-step explanation:

sin 30+tan²(60)+sec²(45)

=1/2+ (√3)^2+(√2)²

=1/2+3+2

=5 1/2

=5.5

3 0

2 years ago

Use a calculator to find each sum or difference. Round your answer to the nearest hundredth.

motikmotik

Answer:

54.87

69.08

Step-by-step explanation:

8 0

2 years ago

If 2/3 + p = 1 and 4/5+ q = 3, what is the value of p+q?

inessss [21]

Answer:

p+q = 38/15

Step-by-step explanation:

2/3+p = 1. p = 1 - 2/3

4/5 + q = 3. q = 3 - 4/5

p + q = 1 - 2/3 + 3 - 4/5

-2/3 - 4/5 (common denominator = 15)

4 - 10/15 - 12/15 = 4 - 22/15

4 - 22/15 = (4*15 - 22)/15

= 38/15

5 0

1 year ago

I really need help I have 20 minutes

nlexa [21]

Answer:

a. -1.7

b. -1.2

c. -0.5

d. 0.6

e. 1.1

Step-by-step explanation:

7 0

2 years ago

Read 2 more answers