dcrobinson95 dcrobinson95
  • 02-03-2022
  • Mathematics
contestada

12000 is invested at a 10% rate compounded for 15years

Respuesta :

chriswhelan
chriswhelan chriswhelan
  • 02-03-2022

Answer:

50126.978033

Step-by-step explanation:

12000(1.10)^15

12000 is your starting amount.

You earning 10% investment so add 1 to that 10% and make it a decimal = 1.10

Raise is to 15 years because it's compounded for 15 years.

Answer Link
jason255929
jason255929 jason255929
  • 02-03-2022

Answer:

$88,292

Step-by-step explanation:

answer was asked to my teacher she told me it was that   hope this helps you :)

Answer Link

Otras preguntas

Find the greatest common factor of 45m and 6m^5
F(x)=5x-1 F(x)=5x F(x)=x-5 F(x)=5x+1
When a government spends more money in one year than it collects in taxes, There is a budget
Need help on this question please thank you
Determine the discriminant for the equation -3=x^2+4x+1 based on the discrimininant value how many real solutions Does the equation have
Which element of the plot appears directly at the beginning of the black cat
A force produces power p by doing work w in a time t. what power will be produced by a force that does six times as much work in half as much time?
The natural pH of rain water is?
A rowboat crosses a river with a velocity of 3.53 mi/h at an angle 62.5° north of west relative to the water. the river is 0.900 mi wide and carries an eastward
The Marshall Plan, named after Secretary of State George c. Marshall, provided what to Western Europe's recovery?