kyaraseaman kyaraseaman

16-10-2021
Mathematics

contestada

Find the cost of a CD in 10 years, assuming an inflation rate of 6%, if its present cost is $11.95.

Respuesta :

hmurciaf hmurciaf

16-10-2021

Answer:

$21.40

Step-by-step explanation:

Find the cost of a CD in 10 years, assuming an inflation rate of 6%, if its present cost is $11.95.

fv = $11.95 (1.06)^10 = $21.40

Answer Link

Otras preguntas

The Gulf of Tonkin Resolution was based on what false information? (A) The North Vietnamese were sending troops into South Vietnam. (B) North Vietnam had fired

What is the difference between a dependent variable and an independent variable?

24 tens equals what?

I don't know the factors of 184

A solution is prepared by dissolving sugar in water. The solution is 25.0%, by mass, sugar. How many grams of WATER are in 472 grams of this solution? a) 118 g

what is the counter reformation ??

what is 1286 rounded to the nearest ten

What led to Fidel Castro's rise in Cuba? How did the United States deal with his new regime?

What is the opposite of -100

Solve using substitution. M = 5p + 8 M = -10p + 3