BeccaCarter BeccaCarter
  • 01-02-2017
  • Mathematics
contestada

A $500 investment earns 9% compounded semi-anually for 10 years. Calculate final value and show work.

Respuesta :

cjoanw2014 cjoanw2014
  • 01-02-2017
  $1205.86 is the answer
the equation is A= 500(1.045)^2(10)
 the 1.045 comes from adding one to .09 (the percent) divided by 2
Answer Link

Otras preguntas

Simplify 5(1+3)^2. Can you guys help me I'm stuck....
how does the modern civilization located in the indus river valley compared to early river civilizations from that area
Would someone help me with these questions only?​
Find the the distance between [Image]
Draw the graph of linear equation 2x - 3y + 7 - 0) and hence find the coordinates of the point when the line intersects x axis.
5 sentences about family
Why is photosynthesis important for all the ecosystems?
Find the value of x in each case. RIGHT ANSWER GETS BRAINLIEST!
The number of pets per household for Mrs. Anderson's Class and Mrs. Murphy's Class are shown in the dot plots.
Which of the following has a great need for artists because they possess a rare skill set and the need for more content is always rising within the industry? A.