Amount Invested, 12,500Number of compounding periods, 4Annual Interest Rate, 5.75%Accumulated Amount, 20,000Time in years (t) = What
Answer1:Why not pay a tutor to teach you how to do this problem? Or, maybe ask your teacher instead of trying to get your homework done here?
Answer2:forex-http://tradingsolution.org/
Answer3:What makes this problem difficult is the algebra to find T. I used and excel spreadsheet and iteration to find t20000=12,500(1+.0575/4)^(4*8.23259)A=P(1+r/n)^ntJoseph, MBAmbacalculator.comPlease review MBA Calculator that has a great deal of software to solve thest problems
Tuesday, January 20, 2009
Savings account subject to (n) compounding yearly A=P(1+rn)^nt
Labels:
(n),
A=P(1+rn)^nt,
account,
compounding,
Savings,
subject,
to,
yearly
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