abpringle2267 abpringle2267

24-11-2020
Business

contestada

Larson Lumber makes annual deposits of $500 at 6% compounded annually for 3 years. What is the future value of these deposits?

Respuesta :

Parrain Parrain

25-11-2020

Answer: $‭1,591.8‬0

Explanation:

This is an annuity as the deposits are constant.

The Future value of an annuity is;

= Annuity * Future value interest factor of annuity, 6% , 3 years

= 500 * 3.1836

= $‭1,591.8‬0

Ver imagen Parrain

Answer Link

Otras preguntas

what is the maximus of a pentagonal shape.

In Mexico, was there discrimination in education before European influence?Support your answer.

HELPPPPP ME rnnnnnnnn I DONT EVEN KNOW THE ASNWERRRRRRR

What has been the main benefit of globalization for the United States?A. Economic growthB. Increased exportsC. Greater job securityD. Increased wages

Jonny wants to increase the intensity of his strength workouts. What should he considerwhen planning his next workout?O A.A. length of workout timeB. current fi

Conclusion about sally and her coworkers at dinner and her boss at work

IF YOU SEE THIS PLS HELP ASAP I ONLY HAVE 10 MINS LEFT ITS 7 O’CLOCK PACIFIC TIME WILL GIVE BRAINLIEST

names of bisexual flowers

Select all the statements that are conditions for abinomial experiment.A. There is a fixed number of trials.B. Each trial has two possible outcomes.C. The trial

A study by the department of education of a certain state was trying to determine the mean SAT scores of the graduating high school seniors. The study examined