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

Name: Solved: FV = PV(1 + i)n to calculate i if PV = $2,000, FV = $9,321.91, and n = 20 - MathMaster
Brand: MathMaster
Rating: 4.9 (56 reviews)

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)

Question: What is the equation of the basic shape of a graph that represents a parabola?

What is the product of the sum of 5 and 7 and the sum of 3 and 9?

What is the value of the square root of 168?

New questions in Mathematics

Pedro bought 9 kg of sugar at the price of R$1.80 per kilogram, six packets of coffee at the price of R$3.90 per packet and 8 kg of rice at the price of R$2.70 per kilogram. Knowing that he paid for the purchases with a R$100.00 bill, how much change did he receive?

A person who weighs 200 pounds on earth would weigh about 32 pounds on the moon. Find the weight of a person on earth who would weigh 15 pounds on the moon.

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

(6.2x10^3)(3x10^-6)

The mean temperature for july in H-town 73 degrees fahrenheit. Assuming that the distribution of temperature is normal what would the standart deviation have to be if 5% of the days in july have a temperature of at least 87 degrees?

Solve this mathematical problem if 3/5 of a roll of tape measures 2m. How long is the complete roll? Draw the diagram

Subscribers to the FAME magazine revealed the following preferences for three categories: Fashion 30, Athletics 24 and Business 15. Following these frequencies of observation, compute the chi-square test statistic. At the 0.05 level of significance, would you conclude they are similar?