brieannamiller1883 brieannamiller1883
  • 03-12-2019
  • Business
contestada

How much would $100, growing at 5% per year, be worth after 75 years?

$3,689.11


$3,883.27


$4,077.43


$4,281.30


$4,495.37

Respuesta :

facundobuzzetti
facundobuzzetti facundobuzzetti
  • 05-12-2019

Answer:

The correct answer is B.

Explanation:

Giving the following information:

How much would $100, growing at 5% per year, be worth after 75 years?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 100*(1.05)^75= $3,883.27

Answer Link

Otras preguntas

What is the equation for the line that is perpendicular to line m, through B
while in college why did euler work through advanced math books on his own
3b-4/2 = c (solve for b) please show work, thanks!
You want to buy a new sweater. The regular price was $48 dollars. The sale price was $34. What was the percent of discount to the nearest percent?
BE RIGHT! PLEASE! And fast!
Match each organ or function with its body system
3) Calculate the size of each exterior angle in: (a) a regular 9-sided polygon (b) a regular 40-sided polygon
I need to explain/show work. Help please
Its more than one problem Which statement describe Global Information Systems (GIS)?A.) Measure sound underwater B.) Track the speed of airplanesC.) Collect dat
what does jumping scale mean​