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

The level of water in an olympic size swimming pool (50.0 meters long, 25.0 meters wide, and about 2.00 meters deep) needs to be lowered 6.50 cm. if water is pu
Explain the role of religion in colonial resistance to the new Imperial policies of 1774
High triglyceride levels in the blood can be a indicator of?
5(3+t)-3(t+1) I don't understand how to do this problem.
1.3 repeating as a fraction
ram wants to work to preserve marine habitats. Which field of study would be most useful to him A) Meteorology B)Zoology C)Oceanography D)Botany
what are the functions of lysosomes?
Is 20/6 rational or irrational
What do granite and basalt have in common?
What region is somewhat isolated from the rest of GeorgiaA) PiedmontB) Fall LineC) Coastal PlainD) Appalachian Plateau