nofishing15 nofishing15
  • 02-04-2016
  • Mathematics
contestada

If $85 is put in an account that gets 8.5% and I add $15 per year, how much will I have at the end of 8 years?

Respuesta :

mssarkar96 mssarkar96
  • 02-04-2016
FV=PV(1+i)^n

FV =$ [85(1+0.85)^8]

FV=$ [85(1.85)^8]

FV= $ 222.21
Answer Link

Otras preguntas

What is the square root of 25
Why does acetone have more surface tension than methanol?
What are the advantages of Europe being a peninsula and bordering major bodies of water? Thanks! x
The belief that ones culture is superior to another. A. Prejudice B. Stereotype C. Ethnocentrism D. Racism
Which of the following can be used to determine the general location of radioactively labeled dna
Indigestible carbohydrates often are classified as fiber. the human digestive tract lacks the enzymes to hydrolyze the ______________ bonds in these polysaccari
Write the formula of the compound in the grid when a precipitate forms and a (—) when no precipitate form?
Mandarin Chinese is not spoken widely outside of China, yet it is spoken by more people than any other language. What makes this possible? A. Mandarin Chinese
The friendship qualities you have with one person apply to only that person. true false
What are marcomalocukes