louloukaka louloukaka

19-07-2020
Mathematics

contestada

Calculate compound interest
Question
Mark is saving for his son's college education. If the savings account earns 9% interest compounded quarterly, and he
wants to have $80,000 in 18 years, what must the principal be? Round your answer to the nearest dollar.
Provide your answer below:
FEEDBACK
MORE INSTRUCTION
SUBMIT
Content attribution
Type here to search
O

Respuesta :

lilbooj88 lilbooj88

19-07-2020

Answer:

a

Step-by-step explanation:

thar siasd jvka svdsljkv

Answer Link

gilbertazavedo72 gilbertazavedo72

19-07-2020

Answer: $16119

Step-by-step explanation:

A = p(1+r/n)^nt

80000 = p(1+0.09/4)^4x18

80000 = p(1.0225)^72

p = 16118.74

Answer Link

Otras preguntas

Jamal has the following choices for his pizza: white sauce or red sauce, white cheese or yellow cheese, mushrooms, pepperoni or sausage. What is the probability

Integration of visual input and monitoring the body’s orientation in space are functions of the __________ lobe. A. temporal B. frontal C. occipital D. parietal

What was written in the Communist Manifesto

Which of the following is a reason that the amount of extra subcutaneous fat would be higher than the amount of visceral fat? being a woman, stress, alcohol con

____ uses a portion of a computer s hard drive as additional RAM. a. Ghost scripting b. Parallel processing c. Virtual memory d. Spooning

Which of the following best describes a cladogram? A. The goal of a cladogram is to show overall similarities and differences of species.B. The goal of a c

Which is the significance of the tunica in plant growth? In the tunica, cell divisions are perpendicular to the stem axis, giving rise to thick layers of tissue

Which explains why sultan Suleiman I of the Ottoman Empire was called “Suleiman the Magnificent?”

Briefly explain why experiments having faulty design or inconsistent data are problems for scientists. List several reasons.

chemical structure makes up the cell membrane