BablaKanchan BablaKanchan

17-05-2022
Mathematics

contestada

8. Use the compound-interest formula to find the account balance A, where P is principal, r is interest rate, n is number of compounding periods per year, t is time, in years, and A is account balance.

8 Use the compoundinterest formula to find the account balance A where P is principal r is interest rate n is number of compounding periods per year t is time i class=

Respuesta :

versacci24 versacci24

17-05-2022

Answer:

Step-by-step explanation:

[tex]P = 56,150(1 + \frac{0.095}{4})^{ 4(2.5)[/tex]

≈ $71005

Answer Link

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

Which was a result of the conflict between Spain and England during the late 1500s? A. The Spanish sent the fleet of ships known as the Armada to invade Engla

what was the aim of dutch settlers coming to north america

The information booklet for a video console says that the console uses about 0.2 kilowatt of electricity per hour. If electricity costs $0.15 per kilowatt hour,

why does the earth orbit the sun for 1 month

What happened in Europe as countries competed for wealth and power? :)

the main author of the declaration of independence was

What is the definition of the Pythagorean Theorem?

The three branches of the national government were the

(1 pt) Hebrew ideas apply only to Judaism and the behavior of the Jewish people. A. True B. False asap

What's the quotient of I? 5+5i divided by 2+I