1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mina [271]
2 years ago
6

Isabella invested $1300 in an account that pays 4.5% compounded annually. Assuming no deposits or withdrawals are made , find ho

w much money Isabella would have in the account 14 years after her initial investment . Round to the nearest tenth.
Mathematics
1 answer:
kobusy [5.1K]2 years ago
6 0

Answer:

FV= $2,407.53

Step-by-step explanation:

Giving the following information:

Present Value (PV)= 1,300

Interest rate (i)= 4.5% = 0.045

Number of periods (n)= 14 years

<u>To calculate the future value (FV) of the initial investment after 14 years, we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 1,300*(1.045^14)

FV= $2,407.53

You might be interested in
Which number line represents the solution set for the inequality {X24?
zhannawk [14.2K]

Answer:

A.) will be the correct answer to your problem

6 0
3 years ago
A diameter of a circle is 16 units. What is the radius of the circle?
alekssr [168]
R= diameter/2
answer: 8 units
6 0
3 years ago
What is the value of x?
Murrr4er [49]

Answer:

x=80 degrees

Step-by-step explanation:

5 0
3 years ago
What happens if you fail just one elective in 7th grade?
topjm [15]

Answer: Honestly middle school grades, especially electives don't matter much. don't worry about it.

3 0
3 years ago
Read 2 more answers
Help me on this question it should be easy but I just wanna make sure ;)
FinnZ [79.3K]

44

simply because it asks what the heaviest is

8 0
3 years ago
Other questions:
  • A spinning giant star of initial radius R1 and angular speed ω1 suddenly collapses radially inward reaching a new radius R2 = 0.
    6·1 answer
  • If AB= 12 and CB= 10, then the height of the triangle is
    13·1 answer
  • I'm on the last question <br><br>the second option it's wrong (16-pi) in^2
    5·1 answer
  • Micah walks 3/5 mile to the playground, 3/8 mile to a friend’s house, and then 1 1/10 miles to the library. About how many miles
    12·1 answer
  • What does Y equal? <br> the problem 5y-4
    10·2 answers
  • There are 3 boxes6y6yyy
    13·1 answer
  • The art club had an election to select a president. 56 members voted in the election and 24 did not vote. What percentage of the
    8·1 answer
  • PLEASEEE HURRY I WILL GIVE BRAINLEST
    15·1 answer
  • What is the area of a triangle with the Base of √10 and a height of √13
    10·2 answers
  • amelle works on her homework for 14 hours before her soccer practice and 23 hour after her soccer practice
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!