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

What is the BEST meaning of impious as Paine uses it in this quotation? A. critical B. immoral C. unpleasant D. troublesome

What is the solution of 10m + 8 = 7m + 17?

How many political parties have dominated american politics throughout its history?

Gas costs $3.89 for unleaded and $4.09 for premium. if i buy 37 gallons of gas for $148.93, how much of each type of gas do i buy?

What techniques does the author of this passage use to create a sense of tension and suspense? A) The author makes the golden fish into a very creepy, aggress

Formula to calculate the sum of angles for an n-sided

A period three element has 738, 1451, and 7733 kj/mol as its first three ionization energies. what is the symbol of this element?

Explain how the invention of the iron plow affected family sizes.

What is a grassroots effort by abolitionists to pressure the government to outlaw slavery? protesting the mexican-american war as an attempt to spread slavery b

How do the tone and representation of the endurance journey differ in this video and in the chapter across south georgia