ineDesterschlor ineDesterschlor
  • 23-02-2017
  • Mathematics
contestada

What's the future value of $1,200 after 5 years if the appropriate interest rate is 6%, compounded monthly?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 25-02-2017
Fv=1200(1+0.06/12)^12*5
Fv==1,618.62
Answer Link

Otras preguntas

Name the process in animals which require meiosis to take place
In which sentence are all periods used correctly? A. Mr. Langan requested a wake-up call for 9:00 A.M. on Saturday. B. Dr. Vaughn gave Mrs Vaughn a pearl neckla
Find A intersection B. A: {1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12} B: {-2, -1, 1, 4, 7, 11} Multiply choice: A. {-2,-1,1,2,3,4,5,67,8,9,10,11} B. {1,4,7,11} C. {
Phil is riding his bike. He rides 25 miles in 2 hours, 37.5 miles in 3 hours, and 50 miles in 4 hours. Find the constant of proportionality and write an equatio
i need help!! i need 15 questions in spanish i can ask someone to get to know them better, but not ovbiosu ones like whats your name, but questions that are mor
is adding food coloring and oil into water is it a chemical or physical change?
Why do foxes eat lizards?????
You should avoid the overuse of exclamation points because you'll appear to be A. shouting at the reader. B. showing off. C. exhibiting bias. D. creating confus
How is the entire noun clause used in the sentence? That these little creatures survive in these small pools of water is amazing. A. Subject B. Object of Prepos
which layer of the earth is where weather occurs