NINASHEPARD77 NINASHEPARD77
  • 04-08-2022
  • Mathematics
contestada

How much is a one time investment of 250 be when invested at 6% for 40 years in compound annually

Respuesta :

redbudtree84 redbudtree84
  • 04-08-2022

Hi

6% increase is multiply by 1,06

done 40 times

so : 250* 1,06^40 = 2571 ,

Answer Link

Otras preguntas

Large boxes weigh 75 pounds, and small boxes weigh 40 pounds. a. Write an inequality that represents the numbers of large, x , and small, y, boxes a 200-pound d
Juan wants to buy a house for $162,800. The rate of down payment is 20% of the cost of the house. What is the down payment? i assume $3,256,00 Juan wants to bu
Can you please give me that answer
At the produce store you can buy 5 bags of bananas for $23.15 . How much would it cost if you were to buy 6 bags?
what instrument do u carry around in your ear
answer the following questions true or false
What are some reasons conditions in cities began to improve around the turn of the century?
what relationship did peasants have to their pastors before the revolt?
The perimeter of the rectangle below is 68 cm. The perimeter of the triangle is 60 cm. Find the length of the hypotenuse of the triangle​
please help I will give you brainliest please its due tomorrow and I'm stressing so much