SOLUTION: Complete the table to determine the balance A for P = 1400 dollars invested at rate r = 8% for t = 11 years and compounded n times per year. (Round your answers to two decimal plac

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Complete the table to determine the balance A for P = 1400 dollars invested at rate r = 8% for t = 11 years and compounded n times per year. (Round your answers to two decimal plac      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 435564: Complete the table to determine the balance A for P = 1400 dollars invested at rate r = 8% for t = 11 years and compounded n times per year. (Round your answers to two decimal places.)

n=1, 2, 4, 6, 12, 365

Answer by robertb(5830) About Me  (Show Source):
You can put this solution on YOUR website!
The working formula is A+=+1400%281%2B0.08%2Fn%29%5E%2811n%29. Now you do the math!