Ask a New Question

Question

$9000 invested at an APR of 9% for five years. In interest is compounded annually, what Ia the amount of money after 5 years?
12 years ago

Answers

Damon
1.09^5 = 1.5386

1.5386 * 9000 = $ 13,847.62
12 years ago

Related Questions

$9000 is invested at 8% compounded quarterly. In how many years will the account have 20) grown to... A force of -9000 N is used to stop a 1500kg car traveling at 20 m/s. What braking distance is needed... A total of $9000 is invested: part at 6% and the remainder at 14%. How much is invested at each rate... a mother wants to $9000 for her son's future education. She invested a portion of the money in a ban... suppose x=9000-30p and Tc =90000+30x then find? 1. marginal revenue and Average revenue 2. total... 9000×9000 The 9000 invested at 7%p.a. Compound interest for 3 years 9000 ml to qt Which equals 9000? 10 × 900 100 × 900 10 × 90 1000 × 90 what is the BFG 9000?
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use