arelisrod02ot59r2 arelisrod02ot59r2

01-06-2020
Mathematics

contestada

You invest money at 6% interest compounded annually for 3 years. If the future value of your investment is $1800, how much money did you invest? Show your work.

Respuesta :

xplicifire xplicifire

01-06-2020

Answer:

Step-by-step explanation:

FV = P(1+r)^t

1800 = P(1+0.06)^3

1800 = P(1.06)^3

P = 1800/(1.06)^3 = $1511

Answer Link

Otras preguntas

Many common web page designs use columns that are about ____ of the width of the page to approximate traditional aesthetic proportions.

what is 3 x 10? please

What empirical evidence could most effectively and directly be used to convince law makers to remove a dam that is blocking a river used by wild salmon to reach

How to solve equations

In word, the ____ presents the most accurate view of how your document will look when printed, displaying the entire page on screen at once.

Like most sciences, psychology has accepted as a standard for statistical significance the odds of 5 out of 100 that an observed result is

what country was an ally to the united states' ally during the american revolution

which is a sentence fragment

Which two American Indian groups were present in Georgia when Europeans began exploring the area in the mid 1500s?

Help! I'm not sure how you would graph x = -6. There's no other information available for this question.