jacquelinejuly24 jacquelinejuly24
  • 02-02-2020
  • Mathematics
contestada

You inherited $12,000 from your Great-Uncle Michael. If you invest it and average an 8% annual rate of return, compounded annually, how much will you have in 20 years?

Respuesta :

boldbrave50
boldbrave50 boldbrave50
  • 02-02-2020
I think the answer is 19,200
Answer Link

Otras preguntas

Which will be the effect on the vertex of the parabola y = 4x2 + 1, if the equation is changed to y = -4x2 + 1?
What is the volume of a cone that has a height of 7 mm and a radius of 3 mm? Use 3.14 to approximate pi and express your answer in hundredths. mm3
Which physical changes are endothermic? (1) melting and freezing (2) melting and evaporating (3) condensation and sublimation (4) condensation and deposition
Under which of the following circumstances does a president usually experience a reduction of political power?
Which compound becomes less soluble in water as the temperature of the solution is increased?(1) HCl (2) KCl (3) NaCl (4) NH4Cl
In 2007, more people were killed in Chicago, IL, USA than soldiers in Iraq. True or False?
Is 8 yards bigger or is 20 feet bigger
how to write a misfit story
Advantages and disadvantages of corrosion?
Which atom in the ground state has the same electron configuration as a calcium ion, Ca2+, in the ground state?(1) Ar(2) K(3) Mg(4) Ne