Mathematics, 03.05.2021 01:50 steven2996

Find the future value and interest earned if $8904.56 is invested for 9 years at 4% compounded (a) semiannually and (b) continuously. (a) The future value when interest is compounded semiannually is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
The interest earned is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
(b) The future value when interest is compounded continuously is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)
The interest earned is approximately $
(Type an integer or decimal rounded to the nearest hundredth as needed.)

Answers: 2

Show answers

Another question on Mathematics

Mathematics, 20.06.2019 18:02

Given a circle with a radius of 4, which is the circumference

Answers: 2

Answer

Mathematics, 22.06.2019 01:00

Arectangular garden is 5 feet long and 3 feet wide. a second rectangular garden has dimensions that are double the dimensions of the first garden. what is the percent of change in perimeter from the first garden to the second garden?

Answers: 1

Answer

Mathematics, 22.06.2019 01:30

The angle of elevation from point a to the top of a cliff is 38 degrees . if point a is 80 feet from the base of the cliff , how high is the cliff ?

Answers: 3

Answer

Mathematics, 22.06.2019 01:40

Amass weighing 16 pounds stretches a spring 8/3 feet. the mass is initially released from rest from a point 2 feet below the equilibrium position, and the subsequent motion takes place in a medium that offers a damping force that is numerically equal to 1/2 the instantaneous velocity. find the equation of motion if the mass is driven by an external force equal to f(t)=cos(2t).

Answers: 2

Answer

You know the right answer?

Find the future value and interest earned if $8904.56 is invested for 9 years at 4% compounded (a) s...

Questions

Mathematics, 26.02.2021 03:00

Please help I’m having a hard time to understand alebraic

Mathematics, 26.02.2021 03:00

Determine if the sequence below is arithmetic or geometric and determine the common difference / ratio in simplest form. 3, 7, 11, ..