Mathematics, 27.05.2021 08:40 1tallison1
Jim has $3,000 to invest in a lump-sum investment. What interest rate must he get, compounded annually, to earn $100,000 in 42 years? Round your answer to 3 decimal places.
Answers: 1
Mathematics, 21.06.2019 20:10
A. use the formula for continuous compounding with the original example: $1000 invested at 2% for 1 year. record the amount to 5 decimal places. use a calculator. b. compare it to the result using the original compound interest formula with n = 365 calculated to 5 decimal places. which has a larger value? explain.
Answers: 1
Mathematics, 21.06.2019 20:30
Carley bought a jacket that was discounted 10% off the original price. the expression below represents the discounted price in dollars, based on x, the original price of the jacket.
Answers: 1
Jim has $3,000 to invest in a lump-sum investment. What interest rate must he get, compounded annual...
World Languages, 18.12.2019 20:31
Social Studies, 18.12.2019 20:31
History, 18.12.2019 20:31
Computers and Technology, 18.12.2019 20:31