$MathMaster logo$

MathMaster

Home
general
fv pv 1 i n to calculate i if pv 2 000 fv 9 321 91 and n 20

Question

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

56

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

$Expert avatar$

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 derivative of f(x) = 3x^2 + 5x - 7 at x = 2?

+

Math Question: What is the limit of f(x) as x approaches 2, where f(x) = 3x^2 - 4x + 2?

+

What is the limit of (3x^2 - 2x + 1)/(x^2 + 5x + 6) as x approaches -2?

+

New questions in Mathematics

a ferry travels 1/6 of the distance between two ports in 3/7 hour. the ferry travels at a constant rate. at this rate, what fraction of the distance between the two ports can the ferry travel in one hour?

two particles start at the origin and move along the x axis. for 0 <= t <= 10, their respective position functions are given by x1 = cos(t) and x2 = (e^-3t) + 1. for how many values of t do the particles have the same velocity?

STUDENTS IN A CLASS LEARN ONLY ONE FOREIGN LANGUAGE. two-sevenths of the students learn German, half of the students learn Spanish, and the remaining six students learn Italian. what is the number of students in this class? detail your reasoning carefully.

P is a polynomial defined by P(x) = 4x^3 - 11×^2 - 6x + 9. Two factors are (x - 3) and (x + 1). Rewrite the expression for P as the product of linear factors.

Determine the equations of the lines that pass through the following points P1 (2;-1) and p2 (4;-1)

Suppose 50% of the doctors and hospital are surgeons if a sample of 576 doctors is selected what is the probability that the sample proportion of surgeons will be greater than 55% round your answer to four decimal places

Desarrolla (2x)(3y + 2x)5

find f(x) for f'(x)=3x+7

Suppose that you use 4.29 g of Iron in the chemical reaction: 2Fe(s) + 3 Cu2 + (aq) 2Fe 3 + (aq) + 3Cu(s ) - . What is the theoretical yield of Cu (s), in grams?

The Humane Society has asked for our help again this week. Currently they are charging $50 for an adoption fee. Unfortunately they just pulled this number out of the air and do not know why they are charging this amount. They would like to charge an amount that covers all the adoption costs – both the variable costs for adoptions as well as the fixed cost for the kennel portion of the Humane Shelter operations. We can help them by doing a breakeven analysis. During a client meeting we gathered these facts. There are 2 part-time employees that each earn $1000 per month. The utilities for the kennel area (water, electricity) are $200 per month. The average food cost for animals in the kennel is $800 per month. In addition, each animal that is adopted receives a rabies vaccination that costs $4 and is micro-chipped that costs $6. At the current cost of $50, how many animals must be adopted to break-even? What would break-even be at a $60 adoption fee? What would break-even be if the fee were lowered to $40? The newspaper has suggested that the Humane Society advertise to increase pet adoptions. The package that they have recommended costs $1000 for a very small ad run every day for a month. If the Humane Society does this extra advertising, how will it affect breakeven? Based on what you have learned about elasticity, what price do you recommend for the adoption fee?

A bag has 4 green lollipops, 3 white lollipops, and 1 black lollipop. What is the probability of drawing a white lollipop?

The volume of a cube decreases at a rate of 10 m3/s. Find the rate at which the side of the cube changes when the side of the cube is 2 m.

In measuring the internal radius of a circular sewer the measurement is 2% too large. If this measurement is then used to calculate the circular cross-sectional area of the pipe: Determine, by using the binomial theory, the percentage error that will occur compared to the true area.

A company made 150,000 in the first year 145,000 in the second 140,000 in the third year successively during the first decade of this company's existence it made a total of

A,B,C and D are the corners of a rectangular building. Find the lengths the diagonals if AB measures 38' - 9" and AD measures 56' - 3"

Let f and g be defined in R and suppose that there exists M > 0 such that |f(x) − f(p)| ≤ M|g(x) − g(p)|, for all x. Prove that if g is continuous in p, then f will also be continuous in p.

8/9 divided by 10/6

A group of 17 people spent 9 days on vacation and spent R$776.34 on barbecue meat and the bill needs to be divided as follows: 6 people stayed for 9 days, 7 people stayed for 4 days, and 2 people stayed for 5 days and 2 people stayed 3 days, how much does each group have to pay for the days they stayed?

Sarah is lining a square tray with 1 inch square tiles. the side length of the tray is 9 inches. How many tiles does Sarah need?