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
adelina 88 [10]
3 years ago
5

Susan won $2000 and invested it into an account with an annual interest rate of 3.2%. If her investment were compounded monthly,

which expression best represents the value of her investment after t years
Mathematics
1 answer:
motikmotik3 years ago
4 0

Answer:

FV= PV*(1+i)^t

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $2,000

Interest rate (i)= 3.2% = 0.032

Number of periods= t

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

<u></u>

FV= PV*(1+i)^t

F<u>or example, Susan invests for 4 years:</u>

FV= 2,000*(1.032^4)

FV= $2,268.55

You might be interested in
Which methods will determine 70% of 42?
Dennis_Churaev [7]

Answer:

C

Step-by-step explanation:

Given

(3x + 7)(2x - 6)

Each term in the second factor is multiplied by each term in the first factor, that is

3x(2x - 6) + 7(2x - 6) ← distribute both parenthesis

= 6x² - 18x + 14x - 42 ← collect like terms

= 6x² - 4x - 42 → C

5 0
2 years ago
Read 2 more answers
Eight times the sum of a number and 2 equals 4
Scrat [10]
8 x n + 2 = 4
If you could show me a photo I’d probably be able to help more.
5 0
3 years ago
Read 2 more answers
What is the interquartile range of 77 88 92 81 86 84 86 83 and how do you get it thx plz help
puteri [66]
To find the IQR you first need to write it in numerical order

77, 81, 83, 84, 86, 86, 88, 92


IQR is just Q3 - Q1

Q1 is the middle of the first have, since it has an even set of 4 numbers in the first half you need to take the average of the two middle ones.. which is 82

Q3 done the same process would be 87. 

87 - 82 = 5

IQR = 5
6 0
3 years ago
Javier designs leather shoes at his workshop. He charges $45 for women's shoes and $50 for men's shoes. He needs to make $2,500
Molodets [167]
It total Javier is gonna need to sell at least 50 shoes in that week that are only mens shoes if he doesnt get any female customers
6 0
3 years ago
Which of the following values of m will result in a true statement when substituted into the given equation?
Solnce55 [7]

Answer:

C. m = 4.1 is the answer

6 0
3 years ago
Other questions:
  • 4. A ship traveled a distance of 50 km from port O at a bearing of 120°, then another 100 km to port B at a bearing of 200 °. Wh
    12·1 answer
  • Which expression represents “6 more than x”? A. x−6
    14·2 answers
  • How do u solve this??
    13·1 answer
  • I need help with this math. Thanks in advance
    5·1 answer
  • A pet survey found that the ratio of dogs to cats is
    10·1 answer
  • The legs of a right triangle measure 5√2 cm and 4√2 cm. Find the area.
    11·2 answers
  • A property contained ten acres. How many lots of not less than 50 feet by 100 feet can be subdivided from the property if 26,000
    15·1 answer
  • Rena has 30 tickets for the baseball game. She gives 8 tickets to Tariq and 10 tickets to Marita. Which set of equations could b
    15·1 answer
  • would it make more sense to buy two 10 inch pizzas or one 20 inch pizza? Explain your answer in detail.
    9·2 answers
  • 4.what is the equation of the line perpendicular to y = 3/4x + 2 and goes
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!