gel3izabecuter gel3izabecuter
  • 01-03-2017
  • Mathematics
contestada

How much would you have to invest into a 5-yr certificate of deposit paying 2.3% compounded weekly to make it worth $4500 at the end of the term?

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 03-03-2017
P=4500/(1+0.023÷52)^(52×5)=4,011.25
Answer Link

Otras preguntas

Define the following terms: assimilation
Three quarters of the batch of twenty cookies burned when you forgot to take them out of the oven.how many cookies burned
What are the effects of a volcano? Which is the most dangerous?
Which set of arrows represents the induced magnetic force? A B C
Does premarital education have a direct effect on marriage?
On Monday,hakim stocked up on bottled water for the trip. On Tuesday, he purchased five more bottles to add to his collection. On Wednesday, half of his entir
UPVOTING ALL ANSWERS!!! Who tells Claudius and Laertes about the circumstances surrounding Ophelia's death? Horatio Queen Gertrude Marcellus a messenger
What animal, whose numbers have been reduced to fewer than 98,000 worldwide, was recently listed as "vulnerable" by the International Union for Conservation of
The base of a parallelogram is x+4 and the area is 5x+20 what is the height?
The difference when 7 less than a number is subtracted from twice the number is 12. what is the number?