Please help me with this, the formula was provided by the teacher

100 (1 + .15/_)^20 • _

Please input the numbers in the blanks 1 through 14 and tell me the values. Dont worry about graphing, I can do that.

Thank you

Please help me with this the formula was provided by the teacher 100 1 1520 Please input the numbers in the blanks 1 through 14 and tell me the values Dont worr class=

Respuesta :

Answer:

  See attached

Step-by-step explanation:

You want the values resulting from the investment of $100 for 20 years at an interest rate of 15%, given various numbers of times the interest is compounded each year.

Spreadsheet

It is convenient to put the formula into a spreadsheet and let it calculate the account values for the different N numbers. The result is shown in the attachment.

Ver imagen sqdancefan