Use the compound interest formula A =
= (1+5)*
, where P is the amount deposited, A is the v...
Mathematics, 02.11.2021 23:00 ousleyq1
Use the compound interest formula A =
= (1+5)*
, where P is the amount deposited, A is the value of the money after t years, r is the annual interest rate as a decimal, and n
is the number of compounding periods per year.
A computer network specialist deposits $2500 into a retirement account that earns 8.5% annual interest, compounded daily. What is the value of the investment after 30 years?
(Round your answer to two decimal places.)
$
Answers: 3
Other questions on the subject: Mathematics
Mathematics, 21.06.2019 13:30, squawk1738
What is the exact volume of the cylinder (radius 13 in., height 30 in.)
Answers: 1
Mathematics, 21.06.2019 22:00, dorothybean
Describe how you can act financially responsible.
Answers: 1
Mathematics, 21.06.2019 22:10, goodygoodgirlygirl
Akitchen is 12 ft. by 14 ft. with 10 ft. high walls. how much would it cost to put vinyl flooring in this room? $8.80 per ft
Answers: 1
You know the right answer?
Questions in other subjects:
Mathematics, 16.10.2019 05:50
Mathematics, 16.10.2019 05:50
Mathematics, 16.10.2019 05:50
English, 16.10.2019 05:50
