stqrlet stqrlet
  • 09-04-2021
  • Mathematics
contestada

Suppose your parents invest $25,000 in an account paying 7% compounded annually. What will be the balance after 8 years?

Respuesta :

annameza15 annameza15
  • 09-04-2021
$25,000 x 7% = 1,750 in one year.
$1,750 x 8 years = $14,000
Answer Link

Otras preguntas

A square piece of aluminum foil, 8.0 inches on a side, is found to weigh 1.863 g. What is the thickness of this foil, in mm? (The density of aluminum is 2.70g/c
If f(x) = x + 4 and g(x) = x2 + 6x + 8, what is f(x) divided by g(x)?
Decide whether the sentence is correct or incorrect as written. el primo grité. correct incorrect
How does the loss of amphibian species impact the ecosystems in which they live? How does their loss impact humans?
Solve the compound inequality 6b < 24 or 4b + 12 > 4.
Explain why a solution that is prepared by dissolving 0. 1 mol each of kh2po4 and k3po4 in 1 l of water is not a buffer solution.
Are you all from nepal? i need help
is the retraction of rizal fake​
In APUSH, what happened in the market revolution.
It's time for you to get started! Your teacher will give you the date that the project is due. It's best to follow the simple steps below to work through it: Br