kcharland kcharland

02-04-2018
Mathematics

contestada

If $85 is put into an account that gets 8.5% and I add $15.00 per year, how much will I have in 8 years

Respuesta :

CastleRook CastleRook

11-04-2018

Using geometric progression formula
sn=[a(r^n-1)/(r-1)]
s8=[15(1.085^8-1)/(0.085)]
The total amount will be given by:
85(1.085)^8+[15(1.085^8-1)]/0.085
=325.7109
After 8 years we shall have 325.71

Answer Link

Otras preguntas

A 1700 kg 2006 Mustang GT can accelerate from rest to 100 km/h in a time of 5.0 s. Determine the net amount of work that must be done on the car to cause this

Given the inequalities y > 5x-8 and y >3x+4, find the point that satisfies neither inequalities

name 2 sound devices and what type they are from the song Where Is The Love by the Black Eyed Peas.

At the school carnival, Carmen sold 3 times as many hot dogs as Shawn. The two of them sold 152 hot dogs altogether. How many hot dogs did Carmen sell? 51382111

Write this statement as a conditional in if-then form: All triangles have three sides. A) If a figure is a triangle, then all triangles have three sides.B) If a

Given the inequalities y > 5x-8 and y >3x+4, find the point that satisfies neither inequalities

how do I solve x+2y=8

How many eights are there in 6 1/2

distribute (x+1)(x-2)

a person who studies word origins and meanings would most likely be a