Koolioo39671 Koolioo39671

21-02-2024
Mathematics

contestada

7. find when an investment of $1500 accumulates to a value of $3750 if the investment earns 8% interest compounded monthly.

Respuesta :

LiPrk4wood LiPrk4wood

21-02-2024

t ≈ 7.83 years

So, it takes approximately 7.83 years for the investment of $1500 to accumulate to a value of $3750 with an interest rate of 8% compounded monthly.

Answer Link

Otras preguntas

The stage in which you polish your writing and fix errors

Define and give an example of a commodity

What happens if the power plants pollute more than allowed?

why was papyrus important in ancient egypt? (papyrus is a material prepared in ancient Egypt from the pithy stem of a water plant, used in sheets throughout the

What was the most significant economic impact of the transcontinental railroads during the late 1800s A)eliminating overseas trade with Europe B) expanding inte

What’s the word problem... solve it please need help with 8,9, and 10 thanks

A un campamento de verano asisten 10 niños de 9 niños de edad 6 de 12 años y 3 de 11 años cual es la edad promedio de los niños que asisten al campamento

WILL GIVE BRAINLIEST!!! JUST SOLVE THIS FOR ME PLEASE “Eight more than three times difference of four a number” when the number equals 3.

Select four actions that can help a young person develop a healthy self-esteem.

How did the influx of people after world war 2 impact Canada