brieannamiller1883 brieannamiller1883
  • 03-12-2019
  • Business
contestada

How much would $100, growing at 5% per year, be worth after 75 years?

$3,689.11


$3,883.27


$4,077.43


$4,281.30


$4,495.37

Respuesta :

facundobuzzetti
facundobuzzetti facundobuzzetti
  • 05-12-2019

Answer:

The correct answer is B.

Explanation:

Giving the following information:

How much would $100, growing at 5% per year, be worth after 75 years?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 100*(1.05)^75= $3,883.27

Answer Link

Otras preguntas

John estimates that there is 150 people at the party. After counting, there are actually 148 people at the partyFind the percent error.round your answer to the
Why might done people disapprove of acivil disobedience as a means of protest and of achieving change?​
will give brainlest if you give all answers its due in 10 minutes !!!!! pls hurry :((((
In what ways did traders and trappers prepare the frontier for later settlers?
Someone plz help me a full paragraph I will give brainliest
If you invested $250 at 16% interest, how much would you have after 18 years?
Tickets for a concert cost $4.00 for a balcony seat and $7.50 for an orchestra seat. If ticket sales totaled $1,585 for 300 tickets sold, how many more tickets
why did sal wish her father wasn’t a “good”man
Please answer my question I need help.
Maggie earns $20 each time she babysits. If she babysits 8 times, how much money did she earn? The solution is