jasgdu jasgdu
  • 14-05-2020
  • Mathematics
contestada

louie has $1,000 and wants it to grew to $5,000 in 10 years,what compound interest rate does he need?

Respuesta :

SuperSmart444 SuperSmart444
  • 14-05-2020

Answer:

All you have to do is multiply 5000 by .025 to find that she earns $125. Next, you multiply 125 by 7 and find that she earns $875!

Step-by-step explanation:

Answer Link

Otras preguntas

can any one help me find out what is the solution to this equation: 1/7 y + 1/8 = 9/56
Amble, inc., exchanged a truck with a carrying amount of $12,000 and a fair value of $20,000 for another truck and $5,000 cash. the fair value of the truck rece
In what ways did the telephone impact the U.S ?
Which path did the De Soto expedition take through Georgia in 1540
List four powers of the president outlined in article 2
A researcher has identified a mutation in a gene for a protein that is usually 636 amino acids long. the protein product of the mutated gene is only 20 amino ac
the impact of Constantine's establishment of the New Rome and his declaration of Christianity as legal
True or falseboth romanticists and transcendentalists believed that people could improve themselves.
5x times 1 equals? I’m in algebra 1 and in the 8th grade
PLEASE HELP ON 5,6,8,9 DUE TOMORROW