nofishing15 nofishing15
  • 02-04-2016
  • Mathematics
contestada

If $85 is put in an account that gets 8.5% and I add $15 per year, how much will I have at the end of 8 years?

Respuesta :

mssarkar96 mssarkar96
  • 02-04-2016
FV=PV(1+i)^n

FV =$ [85(1+0.85)^8]

FV=$ [85(1.85)^8]

FV= $ 222.21
Answer Link

Otras preguntas

What is transmutation? the conversion of atoms of one element to atoms of another the movement of protons from one nucleus to another the movement of al
Solve for x: 5x + 15 = 28
Indicate the type of hybridization for each atom of propenoic acid
Which of the following describes a condition in which an individual would not hear an echo? A. An individual is standing 30 meters in front of the reflecting
which pair of angles in the figure below are vertical angles?
The force involved in a collision is 1.0 × 102 newtons. The duration of the impact is 1.0 × 10-4 seconds. What is the value of the change in momentum?
You are writing a literary analysis essay on Shakespeare's Macbeth. Which of the following is a reliable source of information on the topic? A: a student's coll
At the completion of mitosis, the nucleus of a human somatic cell has ___ chromosomes. a. 23 b. 46 c. 92 d. 184
__________ is what gives meaning to our senses. perception emotion motor ability personality
uestion 4 of 10structions: Select the correct answer from the drop down menu.(xy)nsider the expressione equivalent simplified form of this expression isx 3/9/(x