daylencarter824 daylencarter824

09-03-2021
Mathematics

contestada

An investment of $500 increases at a rate of 12.5% per year. What is the value of the investment after 30 years? Round to the nearest dollar.

Respuesta :

s179373 s179373

09-03-2021

Answer:

Here's the equation:

0.125(500) + 500

But because it is 30 years:

30(0.125(500)) + 500

3.75(500) + 500

We can make it simpler:

4.75(500)

2375

You will have $2375

Step-by-step explanation:

Answer Link

Otras preguntas

What is the indefinite integral of 6sin(3t) dt?

Which of the following best describes the 1920s? (A) Period of surface prosperity with underlying economic problems (B) Period of international and national pro

Describe three main features inside a prokaryotic cell.

The border states that remained in the Union were (A) Ohio, Indiana, and Illinois (B) Tennessee (C) Kentucky and Missouri (D) Delaware, Maryland, Kentucky and M

Write an algebraic expression for 15 decreased by twice a number

Which of the following best describes the 1920s? (A) Period of surface prosperity with underlying economic problems (B) Period of international and national pro

The border states that remained in the Union were (A) Ohio, Indiana, and Illinois (B) Tennessee (C) Kentucky and Missouri (D) Delaware, Maryland, Kentucky and M

Describe three main features inside a prokaryotic cell.

The border states that remained in the Union were (A) Ohio, Indiana, and Illinois (B) Tennessee (C) Kentucky and Missouri (D) Delaware, Maryland, Kentucky and M

Which of the following types of algae would be predominantly green in color? a. chlorophyta b. chrysophyta c. phaeophtya d. rhodophyta