Alberto invested $5,000 at 6% interest compounded annually. What will be the value of Alberto'ss investment af
Favorites|Homepage
Subscriptions | sitemap
HOME > Mathematics > Alberto invested $5,000 at 6% interest compounded annually. What will be the value of Alberto'ss investment af

Alberto invested $5,000 at 6% interest compounded annually. What will be the value of Alberto'ss investment af

[From: ] [author: ] [Date: 11-05-17] [Hit: ]
06)^8 = $5,000 x1.593848..........
after 8 years? how would this be solved? thanks

-
You could use the compound interest formula, which in this case gives

A = P(1 + 0.06)^8 = $5,000 x 1.593848.... = $7,969.24

-
5000(1.06)^8 = $7969.24
1
keywords: the,of,af,039,compounded,be,will,investment,What,annually,value,Alberto,invested,at,interest,000,6%,ss,Alberto invested $5,000 at 6% interest compounded annually. What will be the value of Alberto'ss investment af
Related
New
Hot
© 2008-2010 http://www.science-mathematics.com . Program by zplan cms. Theme by wukong .