yafreizi
yafreizi yafreizi
  • 01-06-2021
  • Mathematics
contestada

How much should you invest at 4.8% compounded continuously to have $5000 in 2 years?

Respuesta :

cadencem20
cadencem20 cadencem20
  • 01-06-2021

Answer:

The total compound interest is $502.74 i think

Step-by-step explanation:

Answer Link
halimanadama864
halimanadama864 halimanadama864
  • 01-06-2021

24/5

[tex] \frac{24 \times 5000 }{5 \times100 } = \frac{240 \times 5000}{100} = 240 \times 50 = 12000 =12000 + 240 = 12240 [/tex]

Answer Link

Otras preguntas

Solve for n. n+4+10=25 Enter your answer in the box. n= __
What is the mass of 1 mole of MgSO4?
Simplify the expression where possible. (x^2)^4
Which organs work together to make and organ system?
20. Put the following numbers in order from least to greatest. 5/8,-0.6,0.6,3/5,-2/5
please please help me with this!
Ghanaian believed nationalism could be achieved through
Susan is choosing between two exercise routines. In Routine #1, she burns 25 calories walking. She then runs at a rate that burns 15.5 calories per minute. In R
Which of the following statements is true? Without kidneys, the body cannot remove liquid waste from the blood. The excretory system is made of all the hormone-
Excerpt from The Liberator William Lloyd Garrison "The apathy of the people is enough to make every statue leap from its pedestal, and to hasten the resurrecti