MeloWuzzHere5709 MeloWuzzHere5709

03-07-2021
Business

contestada

Penelope withdraws $4,115.23 at the end of a five-year investment yielding 4% interest, compounded annually. How much did Penelope originally deposit

Respuesta :

04-07-2021

Answer:

$3,382.42

Explanation:

The amount originally deposited by Penelope (PV) can be determined using a Financial calculator as follows :

FV = $4,115.23

PMT = $0

N = 5

I = 4 %

P/YR = 1

PV = ?

The PV is $3,382.42

thus,

Penelope originally deposited $3,382.42

Answer Link

Otras preguntas

How does Fitzgerald use figurative language to differentiate the East and West Eggs? What does he reveal about each location through his use of language? Explai

7) True or False: An alien is someone who lives in the country they were born. a. True b. False 8) In the United States, the president is…. a. Above the law b.

Could there be a frameshift mutation that would not affect the structure and function of the resulting protein? Explain your answer.

los deportes de pista

HELP!!!!!!!PLZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

solve each system by substitution 2x+y=20 6x-5y=12

Can u help me find the exact value?

FINANCIAL LITERACY The gross domestic product (GDP) for the United States in 2008 was $14.204 trillion, and the GDP per person was $47,580. Use order of magnitu

What are the 5 goals that you want to accomplish?

Ecosystem Organization: Think about the organisms in a neighborhood. What are neighbors referring to when they talk about the dog population or the squirrel pop