danceluva311 danceluva311

02-03-2017
Mathematics

contestada

An investor invests $100 in a certificate, which compounds semi-annually, for a time period of one year. If he wants to quadruple his money in one year, what interest rate would be needed?

Respuesta :

Aliwohaish12 Aliwohaish12

10-03-2017

4p=p(1+i/2)^2
4=(1+i/2)^2 solve for I
Hope it helps

Answer Link

Otras preguntas

Why does music written in a minor key sound "sad" or "downbeat," while music in a major key sounds "happy" or "upbeat"?

Find a non-zero, two by two matrix

Let U = {0,1,2,3,4,5,6,7,8,9}

Describe how a laser-ranging device works.

The graph below shows the price, y, in dollars, of different amounts of granola, x, in pounds: Which equation best represents the relationship between x and y

What did people say after two satellite dishes got married?

What are raccoons? Raccoons feed on dead animals. Thus, they are decomposer animals known as_________. anyone know this????

Many mobile devices can perform internet searches and other tasks via

Maria had $24.60 to spend on three pencils. After buying them she had $14.46. How much did each pencil cost

The Minister's Black Veil by Nathaniel Hawthorne Why does Mr. Hooper wear the black veil? a. He has a horrible birthmark b. He views the world as dark and shad