Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
Myrna Lewis wishes to have $4,000 in four years to tour Europe. How much must she invest today at 8% interest compounded quarterly to have $4,000 in four years?
1 answer
x(1+.08/4)^(4*4) = 8000
Now just solve for x
You can
ask a new question
or
answer this question
.
Related Questions
Marie Coolidge is a new employee. She has five years of experience in a similar job, where she was paid $45,000–$65,000. She
Maintenance cost of an equipment is P20,000 for 2 years, P40,000 at the end of 4 years, and P80,000 at the end of 8 years.
About 4,000 new species of marine animals were discovered in the last 2 years. What is the unit rate of discovery?(1 point)
2 About 4,000 new species of marine animals were discovered in the last 2 years. What is the unit rate of discovery?(1 point)
Maximimum profit:
you operate a tour service that offers the following rates: (1) $200 per person if 50 people (the minimum
a half-life of uranium-235 is 700,000,000 years. The half-life of uranium-238 is 4.463x10^11 years longer. What is the half-life
About 4,000 new species of marine animals were discovered in the last 2 years. What is the unit rate of discovery?(1 point)
Respo
Migrations of Homo sapiens
200,000 years ago appear in Africa 40,000 years ago arrive in Europe 20,000–60,000 years ago ?
A man wishes to bequeath to his daughter P20,000 ten years from now. What amount should he invest now if it will earn interest
Suppose you deposit $5,000 in a savings account that earns 3% annual interest. If you make no other withdrawals or deposits, how