Monday

March 2, 2015

March 2, 2015

Posted by **A** on Monday, December 3, 2012 at 6:39pm.

- College Algebra -
**A**, Monday, December 3, 2012 at 6:44pmHere is what I did so far:

FV = P(1 + r/n)^(t*n)

FV = 200,000 (1 + 0.008/8760)^(147*8760)

FV = 200,000

Can you please tell me if I'm on the right track? I don't understand why I am getting the same number that I started with. Unless that is the correct answer?

**Answer this Question**

**Related Questions**

MATH!! - Joe and Susan invested $1500 at Bank of America in 2000, at 4% ...

math - Yumi's grandparents presented her with a gift of $11,000 when she was 8 ...

math - Barry heard in his Personal Finance class that he should start investing ...

algebra 2 - Jennifer invested $2,500 in an account earning 3.5% interest ...

algebra - Jennifer invested $2,500 in an account earning 3.5% interest ...

College Algebra - Write an equation for the amount of money, A, that we would ...

contemporary math - Quinn and Julius inherited $50,000 each from their great-...

College Algebra - Write an equation for the amount of money, A, that we would ...

maths - How much money will I need to have at retirement so I can withdraw $60,...

math - How much more money would I have if I invested $14,000.00 for 8 years at ...