Solución
Determine the value of an investment of 100, 000 if it is invested at an interest rate of 5.2% compounded quarterly for 12 years.
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
Sarah has 5 red apples and Ben gives her 3 more. How many apples does Sarah have in total?1 point(s):possible:You randomly select one card from a 52-card deck.:Find the probability of selecting a red ace.Find the present value of 25000 due 11 years later at 6.2%, compounded continuously.What will be the área of a square plot of land with a perimeter of 96 metres?One-third of a number, decreases by its reciprocal is equal to eleven divided by that number. What is the number?