riahlewis13 riahlewis13
  • 25-09-2019
  • Mathematics
contestada

If you save $2000 at a rate of 5% for 10 years, what would be the ending value ?

Respuesta :

ekm4267 ekm4267
  • 25-09-2019

Answer:

$1000

Step-by-step explanation:

Take 5% of 2000 (100)

multiply by 10 (I assume this is annually compounding)

and get 1000!

hope this helps :)

Answer Link

Otras preguntas

Pollution in cities during the late 1800s was caused in part by horses, coal, and inadequate sewer systems. a. True b. False
Pollution in cities during the late 1800s was caused in part by horses, coal, and inadequate sewer systems. a. True b. False
2x-3y=8 solve for y I don't understand this at all can someone please help??
What is the value of 4 in the number 745?
An object pronoun takes the place of a/an _______ in the object part of a sentence.      A. adjectiveB. nounC. different pronounD. verb
researchers counted 8,912 monarch butterflies on one branch of a tree at a site in Mexico. They estimated that the total number of butterflies at the site was 1
the sum of a number b and 3 is greater than 8 and less then 12
Canada has a population that is about one tenth of a large is the United States and Canada's population is about 32 million about how many people live in the Un
What is .23 as a fraction in simplest form
Divide 33 photos into two groups so the ratio is 4 to 7