samiphire16 samiphire16
  • 20-11-2020
  • Mathematics
contestada

A corporation worth 40 million is expected to grow 8% per year compounded annually for 5 years. (A) find the future value to the nearest million. (B)

Respuesta :

carlos149
carlos149 carlos149
  • 20-11-2020

Answer:

$56 million

Step-by-step explanation:

8% x 5 = 40%

40% of 40 = 16

40 + 16 = 56

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Zyzy0128 Zyzy0128
  • 20-11-2020
I’m not for Sure I think is 56
Answer Link

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