dedeisabel dedeisabel

11-03-2021
Mathematics

contestada

How much money will you have after 8 years if you invest $4300 at an interest rate of 2% compounded daily?

Respuesta :

YourMomsBrain YourMomsBrain

11-03-2021

Answer:

1.72 million

Step-by-step explanation:

Use the given functions to set up and simplify 2%

2%=0.02

4300X8=34,400

34,400/0.02= 1.72 million

Answer Link

Otras preguntas

If the quantity of loanable funds supplied is greater than the quantity demanded, then there is a a. surplus of loanable funds and the interest rate will rise.

1. (ir) No a la heladería. a la frutería. 2. (pagar) No la cuenta. la entrada (ticket). 3. (depositar) No dinero en efectivo. un cheque. 4. (venir) No con panta

5. When light strikes chlorophyll molecules, they lose electrons, which are ultimately replaced by which of the following? a. splitting water into 2H and 02- c.

A civil engineer planning for her retirement places 9% of her salary each year into a high-technology stock fund. If her salary this year (end of year 1) is $15

what social impact did the total war have on unions and workers and women?

Least common multiple of 8 40 and 64??

The ratio of hot dogs and hamburgers at the picnic is 10:20 what fraction of the total number of lunch items is the number of hot dogs

Henry, Bekah, and Marcella are on the five-member Benefits Task Force that is researching options for the new benefits package. Over lunch, Henry suggests that

You are a public relations specialist for the local university. The board of regents has decided to raise tuition, and they have given you a statement to presen

An oil exploration company purchases drill bits that have a life span that is approximately normally distributed with a mean equal to 74 hours and a standard de