artnerd1207 artnerd1207

03-04-2018
Mathematics

contestada

How much must you deposit in an account that pays 8% interest, compounded monthly, to have a balanc of $1000 after 3 years?

Respuesta :

philipscaster83 philipscaster83

03-04-2018

1,000÷(1+0.08÷12)^(12×3)
=787.25

Answer Link

Otras preguntas

11. Sakima Lena is employed at Sigma Systems. She make $5,900.00 a month. What does Sakima earn per year? $72,000.00 $70,800.00 $65,000.00 $141,600.00

help me with this hard task please

A manufacturing company produces two sizes of cylindrical containers that each have a height of 50 centimeters. The radius of Container A is 16 centimeters, and

Can someone help me with homework

The sales tax for an item was $8.80 and it cost $440 before tax. Find the sales tax rate. Write your answer as a percentage.

What could be a good effect of a mutation? A. DNA is destroyed B. Less variety in a population C. More variety in a population, D. DNA does not function properl

How many roots of f(x) are rational numbers?

At midnight, the temperature was 43.7°F. In the morning, the temperature was −3.6°F. Which statement describes the temperature? 1. At midnight, the temperature

Point A is the incenter of triangle DEF. Which must be true? Select three options A.Point A is the center of the circle that passes through points D, E, and F.

which of the following would not describe a state in the deep south? a) after the civil war b) agricultural c) poor d) industrial