Mathematics
Mathematics, 14.06.2021 21:50, stressedstudent1906

You received $2500 in gifts on your first birthday. You parents decided to invest the amount in hopes that it would reach $5200 on your 18th birthday (17 years later). What would the annual interest rate need to be to reach this goal, if it was compounded semi-annually?

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 18:00, kaykardash
An appliance store sells lamps at $95.00 for two. a department store sells similar lamps at 5 for $250.00. which store sells at a better rate
Answers: 1
image
Mathematics, 21.06.2019 21:00, Abdullah1860
George is putting trim around his rectangular deck, including the gate. he will need 44 feet of trim to do the entire deck. if the deck is 13 feet long, how wide is the deck?
Answers: 2
image
Mathematics, 22.06.2019 02:20, Amholloway13
Jenny invests $2,000 at an interest rate of 5%. the amount of money, me, in jenny's account after tyears can be represented using the equation ma-2000(1.05). if jenny would have invested the same amount of money at the same interest rate four years ago, the equation representing the amount of money mo. in her account would be represented using the equation! mg = 2000(105)*** which of the following is equivalent to mp? 2000(105) om- 1.05 2000(1.05) mo 1059 mp-2000(1.05) (105) mp - 2000(1.05) + (1.05)
Answers: 1
image
Mathematics, 22.06.2019 02:30, haimar8710
Plz : denver is about 5,200 feet above sea level. which number line best represents this integer?
Answers: 2
Do you know the correct answer?
You received $2500 in gifts on your first birthday. You parents decided to invest the amount in hope...

Questions in other subjects: