Mathematics, 06.05.2021 03:30 imello51
The model for an investment that compounds interest annually is: B(t) = 10,000(1.07)^t.
Based on this model, which statements are true?
There is more than one correct answer. Select all correct answers.
After 10 years, the value of the investment will be approximately double the starting
value.
A. The principal investment is $12,000.
B. The annual interest rate is 7%.
C. The annual interest rate is 93%.
D. The principal investment is $10,000.
E. After 10 years, the value of the investment will be approximately triple the starting
value.
Answers: 1
Another question on Mathematics
Mathematics, 21.06.2019 17:00
You have $600,000 saved for retirement. your account earns 5.5% interest. how much, to the nearest dollar, will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?
Answers: 1
Mathematics, 21.06.2019 17:30
Which of the following is true for the relation f(x)=2x^2+1
Answers: 1
Mathematics, 21.06.2019 19:20
Ab and bc form a right angle at point b. if a= (-3,-1) and b= (4,4) what is the equation of bc?
Answers: 1
Mathematics, 21.06.2019 21:30
The map shows the location of the airport and a warehouse in a city. though not displayed on the map, there is also a factory 112 miles due north of the warehouse.a truck traveled from the warehouse to the airport and then to the factory. what is the total number of miles the truck traveled?
Answers: 3
You know the right answer?
The model for an investment that compounds interest annually is: B(t) = 10,000(1.07)^t.
Based on t...
Questions
Chemistry, 30.01.2021 01:00
Mathematics, 30.01.2021 01:00
Mathematics, 30.01.2021 01:00
History, 30.01.2021 01:00
Advanced Placement (AP), 30.01.2021 01:00
Mathematics, 30.01.2021 01:00
Mathematics, 30.01.2021 01:00
Mathematics, 30.01.2021 01:00
