pimpshet pimpshet

11-05-2017
Mathematics

contestada

Mark knows that he will need to buy a new car in 5 years. The car will cost $15,000 by then. How much should he invest now at 8%, compounded quarterly, so that he will have enough to buy a new car?

Respuesta :

dxaddyna dxaddyna

11-05-2017

x - initial investment
8% - annual rate

x·=15,000,

so x = 10094.54

ANSWER: $10,094.57

Answer Link

Otras preguntas

what equation represents the relationship between p and q shown in the table

name some ways that we use land

Prepare chlorocyclohexane from cyclohexanol drag the appropriate labels to their respective targets.

A rectangle's width is w cm. The length is 2 cm less than 8 times the width. The perimeter is 50 cm. Find the length and width if the rectangle.Please help!

Describe the observations that darwin made about the species on the galapagos

When the data points on a graph tend to go down as they go to the right there is ________between the two variables.

During the 2008-2009 basketball season the UConn women’s team had an incredible undefeated season (39-0) and won the NCAA championship. Maya Moore and Renee Mon

The differences between the articles of confederation and the new constitution created during the constitutional convention in 1787?

Venus has an average distance from the sun of 0.623 AU. How long does it take Venus to complete one orbit around the sun?

please help me i need help with my hw!!