Ask a New Question
Search
Asked by
john
What would the future value of $6.5million dollars be after 5 years at 1.2% interest?
Answers
Human Answers
1
AI Answers
0
Answered by
Henry
Pt = Po + r*t*Po.
Pt = 6.5 + 0.012*5*6.5 = 6.5 + 0.39 = 6.89M.
There are no AI answers yet. The ability to request AI answers is coming soon!
Related Questions
Related
What is the future value of $700 deposited for one year earning a 8% interest rate annually
what is the future value of $2000.00 given that it will be held in a bank for 9 years and earn an in...
What is the future value of $800 invested for 14 years at 11 percent compounded annually
How should the future value equation be modified if compounding occurs more frequently than annually...
What is the future value of $5000 earning 6% interest, compounded monthly, for 5 years?
hello from the future!
In the future, it is likely that hospitals will A. build a phage library to match phages to resis...
In the future, it is likely that hospitals will (1 point) phase out the use of antibiotics. bu...
In the future, it is likely that hospitals will(1 point) Responses phase out the use of antibiot...
In the future, it is likely that hospitals will(1 point) Responses build a phage library to matc...