Posted by math HELP!! please on Sunday, June 1, 2014 at 11:34pm.
the fernrod motorcycle company invested 250,000 at 4.5% compounded monthly to be used for the expansion of their manufacturing facilities. how much money will be aviable for the project 3.5 years?

helppppp math helppp!  MathMate, Monday, June 2, 2014 at 7:12am
Future value, F
Interest, i = 0.045
compounding frequency, f = 12
Time, t = 3.5 years
Let
P = present value, = 250000
then use the compound interest formula
F=P(1+i/f)^{ft}

math  sugar, Thursday, June 12, 2014 at 6:38pm
CGI

helppppp math helppp!  Ashley, Thursday, November 20, 2014 at 8:01pm
292,559
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