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

What the answers for 1 and 2

The United States Constitution protects a. the law of supply and demand. b. the government’s right to control labor. c. an entrepreneur’s right to drive all com

What is the period of a 4.12 m long pendulum?

Lysine is an essential amino acid for animals. if an animal did not consume lysine in its diet, you might expect that the animal ________. lysine is an essentia

What does the number 666 mean in the bible?

What is so unusual about the Panda?

How did President Franklin Delano Roosevelt's creation of the Federal Council of Negro Affairs change the role of African Americans in the United States?

Anybody want to do this

discount:36% sale price:32 what is the original price?

In December of 2004, a 9.0 magnitude earthquake occurred off the northwest coast of the island of Sumatra. The earthquake triggered the deadliest tsunami in re