chaco04 chaco04

04-09-2020
Mathematics

contestada

Find the future value of a 10-year investment of $3500 at a simple annual rate of 3.49%.

Respuesta :

vigyana vigyana

04-09-2020

Answer:

You can plug in the simple interest formula A=P(1+rt) to get the amount is equal to 3500 (the principal in this case) times 1+ 3.49/100(10). This is 3500(1.349), and this is $4721.5.

Answer Link

Otras preguntas

Attached Question...

given g(x)=-x-4, find g(-5)

what are the stylistic / rhetorical devices used in sir roger at church ?

Can someone help me with this?

what is 1/3 x 3/2 equal

what is the watery environment that the dna and ribosomes float in

the articles of confederation gave the central government very little power. true or false?

g A 30 ton rail car and a 90 ton rail car, initially at rest, are connected together with a giant but massless compressed spring between them. When released, th

if i get into a fight and the cameras only see me swinging bc he hit in the classroom and since i have a history of gettin into fights.and to advoid getting mor

Use the following image to answer the question. Flowchart with 6 boxes. Box A sits at the very bottom of the left side of the flowchart, which flows into Box B.