ineDesterschlor ineDesterschlor
  • 23-02-2017
  • Mathematics
contestada

What's the future value of $1,200 after 5 years if the appropriate interest rate is 6%, compounded monthly?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 25-02-2017
Fv=1200(1+0.06/12)^12*5
Fv==1,618.62
Answer Link

Otras preguntas

which of the following is a reason for the decline of the western roman empire? a. the increased hiring of germanic mercenaries b. the failure the address gov
what is a past present and future tense for pop
(x+6)(x+10) quadratics(simplify)
24 : 8 = 3 : ?7 : 35 = ? : 5in detail please
Identify the solution set of the inequality using the given replacement set x ≤ -7; {-10, -7.2, -7, -6.9, 6.5, 9} A. {-6.9, 6.5} B. {-10, -7.2, -7} C. {-10, -7
What is the end behavior of a function that is a fraction whose polynomial numerator has a power degree than its polynomial denominator
Which scientists’ theories supported the general consensus of the people and religious teachings of the time? Check all that apply. Aristarchus Aristotle Copern
What does an enzyme do?
How did the Zimmerman telegram influence U.S. entry into world war 1
16. WHERE SHOULD YOU STOP YOUR VEHICLE WHEN THERE IS NO LIMIT LINE? A. Twenty feet before the intersection B. At the corner C. Just past the corner