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

If f(x)= 3^x, then f(-2) equals
Can someone answer the question below?
Factor x^4 + xy^3 + x^3 + y^3. Hint, first factor a monomial. Please explain why!!!
In pea plants, the allele for yellow seeds (Y) is dominant over the allele for green seeds (y). Describe the genotypes and phenotypes of pea plants that are hom
Plz help me get the answe
You can ride your bike around your block 10 times and the whole neighborhood once in 24 minutes. You can ride you bike around your block 5 times and the whole n
I NEED HELP 99 POINTS!!!!!!! WILL GIVE BRAINLIEST!!!!!!!! Directions: Read the prompt below. Then construct a well-developed 2-paragraph response based on the p
The two parent plants are the P generation, or parent generation. Create a Punnett square to show their offspring, the F1 generation.Part 1 Punnett Square
Where was Kievan Rus and why is it named that?
What makes the smell in chlorine?