Mathematics, 01.04.2022 14:00 nadarius2017

Now say you invest the $7,500 and the highest interest rate you can find is 4.5% compounded annually, but you would have to leave the investment in the account for a minimum of 4 years. If you decide to
wait 4 years to buy the car, how much more money will you have to save to buy a car at the $9,500
price? Use the compound interest formula A = P (1 + i)". (Round final answer to the nearest cent, but
otherwise don't round any intermediate values)

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:20, tmantooth7018

The lengths of nails produced in a factory are normally distributed with a mean of 4.91 centimeters and a standard deviation of 0.05 centimeters. find the two lengths that separate the top 4% and the bottom 4%. these lengths could serve as limits used to identify which nails should be rejected. round your answer to the nearest hundredth, if necessary.

Answers: 3

continue

Mathematics, 21.06.2019 20:30, chicalapingpon1938

Janet is rolling a number cube with the numbers one through six she record the numbers after each row if she rolls of keep 48 times how many times should she expect to roll a 4

Answers: 1

continue

Mathematics, 21.06.2019 21:30, adam15200031

Yesterday, george drank 1 small bottle and 2 large bottles, for a total of 1,372 grams. the day before , he drank 1 small bottle and 1 large bottle, for the total of 858 grams. how many grams does each bottle hold?

Answers: 1

continue

Mathematics, 21.06.2019 21:30, Joejoe1813

Due to bad planning, two of the local schools have their annual plays on the same weekend. while 457 people attend one, and 372 attend the other, only 104 people were able to attend both. how many people went to at least one play?

Answers: 1

continue

You know the right answer?

Now say you invest the $7,500 and the highest interest rate you can find is 4.5% compounded annually...