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

Which part in this excerpt from Theodore Dreiser’s “My Brother Paul” reflects Dreiser’s desire for acceptance?

name your us Representative

Which of the following statements is true? a. From the 1920s to 1940s, the radio was growing quickly as a source of political news. b. From the 1920s to 1940s,

1/3 ÷ 2 = ? please help me!

When it is a means of paying for goods and services and discharging debts, money is referred to as a?

Briefly describe the factors that can lead to conflict.

Without wires, electronic signals can be carried over long distances by a. transistors. b. magnetic fields. c. electromagnetic waves. d. integrated circuits.

Bianca poured four cups of milk from a full half-gallon container. How many cups of milk were left in the container?

The scale on a map shows 5 Centimeters = 2 Kilometers. What number of centimeters on the map represents an actual distance of 5 kilometers?

Amy is at basketball practice. She is about to shoot a free throw. When she releases the ball the ball will not have kinetic energy but will have potential ener