Naeethaasavage Naeethaasavage

23-07-2020
Mathematics

contestada

A principal of $2000 is invested at 6% Interest, compounded annually. How much will the investment be worth after 11 years
round your answer to the nearest dollar.

Respuesta :

23-07-2020

Answer:

A=3797 dollars

Step-by-step explanation:

A=P(1+r)^t t=time period, r is the rate, P is the principal

A=2000(1+0.06)^11

A=3797 dollars

Answer Link

Otras preguntas

Allocative efficiency means that ___________. A. the marginal benefit of the product exceeds its marginal cost B. the product is sold at a price equal to the a

which type of mining is most like mowing your lawn ?placer mining subsurface mining surface mining undersea mining

whats the answer please. This is the restatement of a written work in one's own words that keeps the basic meaning of the original work.

PLS HELP!! I WILL GIVE U BRAINLIST !! draft a speech on the topic'What is Freedom according to you' in about 150-180 words. please helppp

Some for-profit higher education institutions receive a large proportion of tuition payments via government grants and loans. These institutions may often attem

AaBb people are crossed to aabb people. The following progeny were observed: 5 AaBb, 45aaBb, 45 Aabb, 5 aabb. Two of the AaBb progeny were then crossed to each

A 15-turn circular wire loop with a radius of 3.0 cm is initially in a uniform magnetic field with a strength of 0.5 T. The field decreases to zero over a time

Which is the MOST LIKELY reason that only Mound C has been dug up? A) The others are being preserved. B) Scientists discovered it first. C) It is the large

whats the answer please. This is the restatement of a written work in one's own words that keeps the basic meaning of the original work.

A portfolio manager sells Treasury bonds and buys corporate bonds because the spread between corporate- and Treasury-bond yields is higher than its historical a