animallover1412103 animallover1412103

19-03-2020
Business

contestada

Anyone..anyone PLEASE help me. I’m trying to solve this question of Future Values: You will have $_____ in six years if you set aside $5,000 at 8%.

Respuesta :

Samawati Samawati

21-03-2020

Answer:

$7, 934.37

Explanation:

For future values, the compound interest formula is applied. The formula is as below,

FV = PV × (1+r)n

In this case

PV = 5000

r = 8% or 0.08

n = 6 years

FV = 5000 x ( 1 + 0.08)6

FV= 5000 x 1.586874322

FV= $7, 934.37

Answer Link

26djeff 26djeff

16-06-2022

Answer:

7934.35

Explanation:

Believe.

Answer Link

Otras preguntas

Which is an example of identity property of addition A. 7+0=7 B. 5x1=5 C. (4+3)+6=4+(3+8) D. 2+4=4+2

A container hold 6 gallons of lemonade. How much is this in pints?

what is subshell and why do we use it if we have main shells already

how do I slove this?

Children in adoptive homes are ________ likely than average to experience parental neglect and abuse. They have typically grown up to be ________ altruistic tha

What is -3(u+6)-6u ?

Answer the following questions to explain Rutherfords famous alpha particle scattering experiment, What questions and/or thoughts prompted him to do this experi

Which foods are good examples of complementary proteins?

Which statement is true about regular exercise? A. It increases your blood pressure. B. It decreases your resting heart rate. C. It increases your intelligen

Find x. Both questions are compound shapes please provide working out.