subject
Mathematics, 02.11.2021 18:40 peternice2956

Use the compound interest formula A=P(1+r/n)^nt

,
where P is the amount deposited, A is the value of the money after t years, r is the annual interest rate as a decimal, and n is the number of compounding periods per year.

A computer network specialist deposits $2500 into a retirement account that earns 8.5% annual interest, compounded daily. What is the value of the investment after 30 years? (Round your answer to two decimal places.)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
My math teacher told my class to "steal" a 6th grade fraction word problem from the internet, word problems? : -p requirements: only a 1 step word problem. needs to be complex.
Answers: 1
question
Mathematics, 21.06.2019 22:00
Given: △acm, m∠c=90°, cp ⊥ am , ac: cm=3: 4, mp-ap=1. find am.
Answers: 2
question
Mathematics, 21.06.2019 22:30
According to the 2008 u.s. census, california had a population of approximately 4 × 10^7 people and florida had a population of approximately 2 × 10^7 people. which of the following is true? a. the population of california was approximately two times the population of florida. b. the population of florida was approximately twenty times the population of california. c. the population of florida was approximately two times the population of california. d. the population of california was approximately twenty times the population of florida.
Answers: 1
question
Mathematics, 21.06.2019 22:40
Select the point that is a solution to the system of inequalities. y< =-x+3 y=x^(2)-3x
Answers: 3
You know the right answer?
Use the compound interest formula A=P(1+r/n)^nt

,
where P is the amount deposite...
Questions
question
English, 23.01.2021 23:40
question
Mathematics, 23.01.2021 23:40
question
Mathematics, 23.01.2021 23:50
Questions on the website: 13722363