Monday

January 26, 2015

January 26, 2015

Posted by **John** on Wednesday, April 13, 2011 at 1:59pm.

Using the below values please calculate the amount accumulated (future value)

*Initial principal=$2000

*Interest Rate=9%

*Number of years 7

*Monthly compounding

- Math -
**Jennifer**, Wednesday, April 13, 2011 at 2:15pmThis seems like an economics question to me.. If you want to find the value for the future? You do $2000 x (1.09)^ 7 put this into your calculator exactly as I have it here to get your answer.

- Math -
**John**, Wednesday, April 13, 2011 at 2:33pmMore detils plese..

**Answer this Question**

**Related Questions**

Math - compound and interest Using the below values please calculate the amount...

Math - compound and interest Using the below values please calculate the amount ...

geometry - Using the following values, calculate the amount accumulated (future ...

math - Find the total number of compounding periods and interest rate per period...

Math-- Desperate for help! - Find the amount in an account if $2000 is invested ...

Kirr - *solve execises by using compounded interest formula Principal $ 700 ...

Compound math - (Future Value) Suppose you invest $8000 into an account that ...

Consumer math !!!! please check - Determine the total in Dexter's account after...

algebra - A grandmother is looking for a plan to finance her new grandchild’s ...

buissness math - Determine the total in Dexter's account after the second month ...