subject
Mathematics, 02.06.2021 18:40 Elency

A sum of money is invested at 12% compounded quarterly. About how long will it take for the amount of money to double?
Compound interest formula: V(t)-P
- P(1+5)**
t = years since initial deposit
n = number of times compounded per year
rannual interest rate (as a decimal)
p = initial (principal) investment
V(t) = value of investment after t years

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 16:00
Consider the reaction 2x2y2+z2⇌2x2y2z which has a rate law of rate= k[x2y2][z2] select a possible mechanism for the reaction.
Answers: 2
question
Mathematics, 22.06.2019 01:00
Y= x – 6 x = –4 what is the solution to the system of equations? (–8, –4) (–4, –8) (–4, 4) (4, –4)
Answers: 1
question
Mathematics, 22.06.2019 02:30
Afarmer has 5 times as many cows as pigs. the farmer only has cows and pigs, and he has 168 animals. how many cows does he have?
Answers: 1
question
Mathematics, 22.06.2019 02:30
Which number completes the system of linear inequalities represented by the graph? y > 2x – 2 and x + 4y >
Answers: 1
You know the right answer?
A sum of money is invested at 12% compounded quarterly. About how long will it take for the amount...
Questions
Questions on the website: 13722367