sharief sharief
  • 02-06-2021
  • Mathematics
contestada

Pls help me a quick financial maths problem

Pls help me a quick financial maths problem class=

Respuesta :

kkozume27
kkozume27 kkozume27
  • 02-06-2021

Answer:

$74 492.30

Step-by-step explanation:

P= 50 000

r= 8/100 = 0.08

n= 12

t= 5

P(1 + r/n) ^ (nt)

[tex] = 50000(1 + { \frac{0.08}{12} )}^{(12 \times 5)} [/tex]

=74492.285

Answer Link

Otras preguntas

How to find the reference angle of -11pi/3 ?
which designer started as a fashion illustrator before focusing on industrial design?
How did Niccolo Machiavelli’s book The Prince set him apart from other writers of the Renaissance?
What's the other term for: one who overindulges in food and drink
what is 12minus 2 multiply 6 plus 2 divide by 2
How would you call in other words to scold or punish severely
Jim has gotten scores of 99 and 93 on his first two tests. what score must he get on his third test to keep an average of 90 or greater
what do I do to figure out this problem:3x+8=26+x
How to find the reference angle of -11pi/3 ?
How did Niccolo Machiavelli’s book The Prince set him apart from other writers of the Renaissance?