This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find the amount in a savings account at the end of 9 years if the amount ... (Read 196 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
on: Feb 28, 2021
Solve the problem.

Find the amount in a savings account at the end of 9 years if the amount originally deposited is $9000 and the interest rate is 7% compounded semiannually.

Use: A = Pntwhere:
A = final amount
P = $9000 (the initial deposit)
r = 7% = 0.07 (the annual rate of interest)
n = 2 (the number of times interest is compounded each year)
t = 9 (the duration of the deposit in years)
◦ $12,266.08
◦ $16,717.40
◦ $167,670.00
◦ $18,389.14
Precalculus ¦ Sullivan ¦ 10th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Sufayan.ah on Feb 28, 2021

jsm54321

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Feb 28, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


Sufayan.ah

  • Member
  • Posts: 512
Reply 2 on: Feb 28, 2021
Gracias!

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Nursing student will find it funny Nursing student will find it funny
Write the equation for the voltage at any instant, and find the voltage at 4.0 s Write the equation for the voltage at any instant, and find the voltage at 4.0 s
How to find the quartiles and percentiles for a data set How to find the quartiles and percentiles for a data set
How to find the area of composite figures (Part 1) How to find the area of composite figures (Part 1)
People in poor, urban areas often find themselves in “food deserts" People in poor, urban areas often find themselves in “food deserts"
A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ... A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ...
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library