Register
Two investors, Sachi and Nari, invest different amounts of money at the same time for an 8 year period. Sachi invests $10,000 at 6% per year and her final amount is given by the formula:
136k views
1 vote
Two investors, Sachi and Nari, invest different amounts of money at the same time for an 8 year period. Sachi invests $10,000 at 6% per year and her final amount is given by the formula:

User Ismailperim
by
7.7k points

1 Answer

5 votes
The formula is A(total amount)=10000(1.06)^8
User Ricardo A
by
8.5k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!