jadedavis74p0bsvr jadedavis74p0bsvr
  • 02-12-2017
  • Mathematics
contestada

You invest invest $100,000 in account with an annual interest rate of 4.5% compounded semiannually. How much money is in the account after 10 years

Respuesta :

zizoux07p0ac3m
zizoux07p0ac3m zizoux07p0ac3m
  • 02-12-2017
100,000 x ( 1 + (0.045/2) )^19 = 152617.04$
Answer Link
Аноним Аноним
  • 02-12-2017
AMOUNT AFTER 10 YEARS = 100,000(1 + (0.045/2))^20

=  £156,050.92
Answer Link

Otras preguntas

Find the 10th term of the geometric sequence 1, 3, 9, .
find ABD help please!!
Find the area of the figure. I will make you a brainllest:)
The greater the number of compounding periods within a year, then (1) the greater the future value of a lump sum investment at Time 0 and (2) the smaller the pr
La técnica que se usa para representar objetos desde varias perspectivas con formas geométricas. A. acuarela B. esfumado C. cubismo D. claroscuro
The point (–4, –2) is reflected across the x-axis. A coordinate plane. What are its new coordinates? (4, 2) (–4, –2) (–4, 2) (4, –2)
An authentication token is a(n):____________ A) device the size of a credit card that contains access permission data. B) type of smart card. C) gadget that dis
g (x) = 5x - 5 complete the function table
Ryan earns $32,600 a year. He pays 21% of his gross income for federal, state, and local taxes. He is taxed at the FICA rate of 7.65%. He has another 4% of his
Solve for x. 4−(2x+4)=5 A x=−52 B x=6 C x=32 D x=−10