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Mathematics 19 Online

OpenStudy (anonymous):

Suppose that $70,000 is invented at 9% interest. Find the amount of money in the account after 4 years if the interest is compounded annually. If interest is compounded annually, what is the amount of money after t=4years? $_____

13 years ago

OpenStudy (anonymous):

FV = PV(1+i)^n FV = 70,000(1+0.09)^4 FV = 98810.71

13 years ago

OpenStudy (anonymous):

You are officially my favorite person on here. Think you could help me with 3 more?

13 years ago

OpenStudy (anonymous):

yea sure post em i[

13 years ago

OpenStudy (anonymous):

up*

13 years ago

OpenStudy (anonymous):

ok one sec

13 years ago

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