Mathematics, 17.03.2020 05:06, 224509

Use the compound interest formulas Upper A equals Upper P (1 plus StartFraction n Over n EndFraction )Superscript nt and Upper A equals Pe Superscript rt to solve the problem given. Round answers to the nearest cent. Find the accumulated value of an investment of $ 20 comma 000 for 5 years at an interest rate of 5.5 % if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly d. compounded continuously.

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 19:30, 22emilyl530

Bobby bought 1.12 pounds of turkey at a cost of 2.50 per pound. carla bought 1.4 pounds of turkey at a cost of 2.20 per pound. who spent more and by much?

Answers: 2

continue

Mathematics, 21.06.2019 21:40, oprajapati

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends more than a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

Answers: 2

continue

Mathematics, 22.06.2019 01:30, jasminespets

What is the surface area of a cube with the volume of 729 ft?

Answers: 1

continue

Mathematics, 22.06.2019 02:30, lisnel

Aconstruction worker needs to put a rectangular window in the side of a building he knows from measuring that the top and bottom of the window have a width of 8bfeet and the sides have a length of 15 feet he also measured one diagonal to be 17 feet what is the length of the other diagonal

Answers: 1

continue

Do you know the correct answer?

Use the compound interest formulas Upper A equals Upper P (1 plus StartFraction n Over n EndFraction...