Thursday
March 23, 2017

Post a New Question

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

compound and interest
Using the below values please calculate the amount accumulated (future value)
*Initial principal=$2000

*Interest Rate=9%

*Number of years 7

*Monthly compounding

  • Math - , Wednesday, April 13, 2011 at 2:15pm

    This 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 - , Wednesday, April 13, 2011 at 2:33pm

    More detils plese..

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question