arelisrod02ot59r2 arelisrod02ot59r2

01-06-2020
Mathematics

contestada

You invest money at 6% interest compounded annually for 3 years. If the future value of your investment is $1800, how much money did you invest? Show your work.

Respuesta :

xplicifire xplicifire

01-06-2020

Answer:

Step-by-step explanation:

FV = P(1+r)^t

1800 = P(1+0.06)^3

1800 = P(1.06)^3

P = 1800/(1.06)^3 = $1511

Answer Link

Otras preguntas

Although beginning salaries vary greatly according to your field of study, the equation s = 2806.6t + 32,558 can be used to approximate and to predict averagebe

1. Philosophers Thomas Hobbes and John Locke both believed that people @ should be able to change the government, if necessary are evil by nature and must be go

In a laboratory experiment, students synthesized a new compound and found that when 12.37 grams of the compound were dissolved to make 167.6 mL of a benzene sol

Ramesh says that based on the pattern 7^-5 =-16,807 which statement explains were her Ramesh is correct?

How many different ways can 5 baseball players and 4 basketball players be selected from 12 baseball players and 13 basketball players

Akira receives the prize at the science fair for having the most informative project her trophy is in the shape of a square pyramid and is covered in shiny gold

Simplify fully 9(x+7)(x+7)/3(x-1)(x+7)

Help, please!!! 50 points!!! What effects does ionizing radiation have on the atmosphere? Select the two correct answers.

Select the correct answer from each drop-down Two magnets are placed as shown in the 00 В D between the poles B and . And the force of between the poles A and D

Refer to Explorations in Literature for a complete version of the text. In “Letter from Birmingham Jail,” Martin Luther King, Jr., refers to the Old Testament