sharief sharief
  • 02-06-2021
  • Mathematics
contestada

Pls help me a quick financial maths problem

Pls help me a quick financial maths problem class=

Respuesta :

kkozume27
kkozume27 kkozume27
  • 02-06-2021

Answer:

$74 492.30

Step-by-step explanation:

P= 50 000

r= 8/100 = 0.08

n= 12

t= 5

P(1 + r/n) ^ (nt)

[tex] = 50000(1 + { \frac{0.08}{12} )}^{(12 \times 5)} [/tex]

=74492.285

Answer Link

Otras preguntas

If the ones digit of a number greater than 1 is 0, what factor or factors must that number have. A. 2 only B. 5 only C.2 and 5 D. Neither 2 or 5
what are the definitions to 'law of soil' and 'law of blood' ? what does it mean ? please help me .
best example of hero inner conflict
what is the transcontinental railrod
Who were the advocates of centralization, and why did they want to alter or abolish the Articles of Confederation?
How did the success of Portugal's exploration of Africa affect Spain
. A pattern of being late for work or for appointments is usually
Which best describes the way photographs are considered by historians? primary source documents that are useful in the study of history reliable sources for the
the english civil war was the result of a) england wanting freedom of religion. b) a military attempt by France to overthrow the english government. c) the king
this is combined in a special way to form glucose in an cell