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 should we suggest to those people who don't perform their duty properly?

An investment offers $6,200 per year for 20 years, with the first payment occurring one year from now. If the required return is 7 percent, what is the value of

Which of the following is a distinguishing feature of prokaryotes compared with eukaryotes?A. The absence of membrane bound organelle in prokaryotic cells.B. Sm

Which type of connective tissue are named areolar tissue

I went to the doctor for a check-up last week. First, she examined the (1) ___ portion of my body

What is Bruno’s mothers physical appearance from the boy in the striped pajamas

Work out m and c for the line:2y+3x=5

Dioptría de una persona que puede enfocar hasta 30 cm sin gafas

Choose the example that is inconsistent with the provisions of the UCC for contract remedies for a seller's breach of contract. 1. In its sales contract, a soft

. Change into pasive voice.1) Iwas let eat aa memango