sabuc2009 sabuc2009
  • 02-11-2019
  • Mathematics
contestada

Find the compound interest on 50000 for 9 month at 8 %

Respuesta :

cygilberts
cygilberts cygilberts
  • 02-11-2019

Answer:The answer is 5, 414.52

Step-by-step explanation:

Since number of years isn't imputed, it will be assumed it's for 1 year

Hence using Compound interest formula

A = P( 1 + r/n)^not

Inputting values

A = 5000( 1 + 0.08/9) ^ 9*1

A = 5, 414.52

Hope this helps

Answer Link

Otras preguntas

Define the following words: 1. asthma 2. heatstroke 3. sunburn 4. consumer 5. scam 6. dehydration 7. hypothermia 8. heat exhaustion 9. public health 10. melano
Determine whether each equation represents a proportional relationship. y=2.5x y=x−4
2. Suppose the linear parent function, f(x)=x, is transformed into g(x)=-X. Which of the following statements in NOT TRUE? g(x) and f(x) have the same steepness
Taking a good photograph involves more than having an artistic eye; it also involves using the right equipment. Identify and describe three different photo or s
[tex]\sf 13+15\times 3[/tex]
What is the value of xxx in the figure shown below?
diferencias entre rotación trienal y rotación continua
List the states of matter in order of greatest to least density
(4, -2), y = –2x + 3 PLS HELP HOW DO I DO THIS?
what cultural diffusion is this cat yoga was introduced in the United States over the last few years