$MathMaster logo$

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 are the solutions to the quadratic equation 3x^2 + 4x - 2 = 0?

+

How many triangles are in a regular decagon?

+

What is the variance of the following dataset: [3, 7, 9, 12, 15]?

+

New questions in Mathematics

If f(x) = 3x 2, what is the value of x so that f(x) = 11?

In a normally distributed data set a mean of 31 where 95% of the data fall between 27.4 and 34.6, what would be the standard deviation of that data set?

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?

Task 1 angel has 3 quarters 3/8 of a tank of gasoline and Miguel 7/8, who has more gasoline? number line on number line

Solve : 15/16 divide 12/8 =x/y

Lim x → 0 (2x ^ 3 - 10x ^ 7) / 5 * x ^ 3 - 4x )=2

Solve the following equation for x in exact form and then find the value to the nearest hundredths (make sure to show your work): 5e3x – 3 = 25

The question is using rule 72 determine Kari wants to save 10,000 for a down payment on a house. Illustrate the difference in years it will take her to double her current 5,000 savings based on 6%, 12% and 18% interest rate .

The population of Pittsburgh, Pennsylvania, fell from 520,117 in 1970 to 305,704 in 2010. Write an exponential function P(t) modeling the population t years after 1970. Round the growth factor to the nearest tem thousandth.

Professor Vélez has withdrawn 40 monthly payments of $3,275 from her investment account. If the investment account yields 4% convertible monthly, how much did you have in your investment account one month before making the first withdrawal? (Since you started making withdrawals you have not made any deposits.)

Find sup { x∈R, x²+3<4x }. Justify the answer

A property sold for $745,000 in a co-brokered transaction. The seller has agreed to pay a 7% commission to the listing firm. The listing firm has agreed to equally split the commission with the selling firm. If the buyer’s broker will receive 8% of the selling firm’s commission, how much commission will the buyer’s broker receive? $14,900 $3725 $$37250 $18625

A factory produces glass for windows. The thickness X of an arbitrarily selected pane of glass is assumed to be Normally distributed with expectation μ = 4.10 and standard deviation σ = 0.04. Expectation and Standard deviation is measured in millimeters. What is the probability that an arbitrary route has a thickness less than 4.00 mm?

A confidence interval for a population mean has a margin of error of 3.5. a. Determine the length of the confidence interval. b. If the sample mean is 47.8 , obtain the confidence interval. a. The length of the confidence interval is?

draw the condensed formula fpr 3,3,4 triethylnonane

Kayla started a book club at her school. The number of girls in the book club was one more than twice the number of boys. If there are 15 girls in the book club, how many boys are in the club?

Beren spent 60% of the money in her piggy bank, and Ceren spent 7% of the money in her piggy bank to buy a joint gift for Deren, totaling 90 TL. In the end, it was observed that the remaining amounts in Ceren and Beren's piggy banks were equal. Therefore, what was the total amount of money that Beren and Ceren had initially? A) 120 B) 130 C) 150 D) 160 E) 180