Mathematics, 03.05.2021 01:50 steven2996
Find the future value and interest earned if $8904.56 is invested for 9 years at 4% compounded (a) semiannually and (b) continuously.
(a) The future value when interest is compounded semiannually is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
The interest earned is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
(b) The future value when interest is compounded continuously is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
The interest earned is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
Answers: 2
Another question on Mathematics
Mathematics, 21.06.2019 22:00
Jayne is studying urban planning and finds that her town is decreasing in population by 3% each year. the population of her town is changing by a constant rate.true or false?
Answers: 3
Mathematics, 21.06.2019 23:00
The distance between two points is 6.5cm and scale of map is 1: 1000 what's the distance between the two points
Answers: 1
You know the right answer?
Find the future value and interest earned if $8904.56 is invested for 9 years at 4% compounded (a) s...
Questions
Mathematics, 02.12.2019 09:31
Biology, 02.12.2019 09:31
Chemistry, 02.12.2019 09:31
Mathematics, 02.12.2019 09:31
English, 02.12.2019 09:31
Biology, 02.12.2019 09:31
Biology, 02.12.2019 09:31
