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

HELPHELPHELPHELP plssssss
Find the value(s) of k that will cause the equation to have the given number and type of solutions. 1. 5x^2 + kx + 5 = 0, 1 real solution 2. 3x^2 + 8x + k = 0,
According to your text, what is the most likely result of the buy-online-and-pick-up-in-store option?.
Who is considered the principal author of the texas declaration of independence?.
Which singer-songwriter gave a rapid tour of modern history in his song ""we didn’t start the fire""?.
Can a triangle be formed with side lengths 15, 7, and 6? explain. no, because 7 6 < 15 no, because 6 7 > 15 yes, because 15 7 > 6 yes, because 15 6 <
Who was a popular subject in early christian art because he was seen as a prefiguration of christ?.
Given (x – 7)^2 = 36, select the values of x. (choose 2 or more) x=13 x=1 x=-29 x=42
In an emergency, we would all react differently from one another because we all have different personalities and experiences. This quality of personality is cal
What is formed at a divergent plate boundary?A. metamorphic rockB. mountainsC. oceanic crustD. sedimentary rock