Question

FV = PV(1 + i)n to calculate i if PV = $2,000, FV = $9,321.91, and n = 20

likes

279 views

Answer to a math question FV = PV(1 + i)n to calculate i if PV = $2,000, FV = $9,321.91, and n = 20

$Expert avatar$

Eliseo

4.6

110 Answers

FV = PV(1 + i)n to calculate i if PV = $2,000, FV = $9,321.91, and n = 20 substitute values 9321.91 = 2000(1+i)20 9321.91 = (2000+2000i)20 9321.91 = 40000+40000i 9321.91-40000 = 40000i -30768.09 = 40000i i = -0.77

Frequently asked questions (FAQs)

What is the value of f(3) if f(x) = log x?

What is the area of a triangle with a base of 5 units and a height of 8 units?

A vector 𝐀 with magnitude 6 and direction 30° east of north is multiplied by a vector 𝐁 with magnitude 4 and direction 45° west of north. What is the resultant vector?

New questions in Mathematics

To calculate the probability that a player will receive the special card at least 2 times in 8 games, you can use the binomial distribution. The probability of receiving the special card in a single game is 1/4 (or 25%), and the probability of not receiving it is 3/4 (or 75%).

The sum of an infinite geometric series is 13,5 The sum of the same series, calculated from the third term is 1,5. Q. Calculate r if r>0.

String x = 5 Int y=2 System.out.println(x+y)

What will be the density of a fluid whose volume is 130 cubic meters contains 16 technical units of mass? If required Consider g=10 m/s2

Find the measures of the sides of ∆KPL and classify each triangle by its sides k (-2,-6), p (-4,0), l (3,-1)

Suppose a large shipment of cell phones contain 21% defective. If the sample of size 204 is selected, what is the probability that the sample proportion will differ from the population proportion by less than 4% round your answer to four decimal places

To make brine, José buys 1 kg of salt and pays 12 pesos. If he buys 4 kg, they charge him 48 pesos, but for 100 pesos they sell him 9 kg. What is the constant of proportionality?

Pedro had 80% of the amount needed to buy a game. Of this amount, you spent 15% on a watch and therefore, you will need to add another R$640.00 to purchase this game. Is the value of the game?

-3(-4x+5)=-6(7x-8)+9-10x

Calculate the boiling temperature and freezing temperature at 1 atmosphere pressure of a solution formed by dissolving 123 grams of ferrous oxide in 1.890 grams of HCl.

The following table shows the frequency of care for some animal species in a center specializing in veterinary dentistry. Species % Dog 52.8 Cat 19.2 Chinchilla 14.4 Marmoset 6.2 Consider that the center only serves 10 animals per week. For a given week, what is the probability that at least two are not dogs? ATTENTION: Provide the answer to exactly FOUR decimal places