SPIDER288 SPIDER288

01-06-2021
Mathematics

contestada

To what amount will $8000 growing if it is invested for 12 years at 6% compounded quarterly

Respuesta :

jordanblake297 jordanblake297

01-06-2021

Answer:

The final balance is $16,406.01.

The total compound interest is $8,406.01

Step-by-step explanation:

take the initial balance and multiply that by the interest then take 12 and multiply that times the previous answer.

Answer Link

Otras preguntas

Diversification is a helpful investment strategy because it: A.focuses all investments on a single stock or company B.protects an investor in case on investment

Solve for z: 5(2z-7) = -2z + 7A. z = 7/2B. z= 21/4C. z= -7/2D. z= - 7/3

Based on the 2017 season, the Houston Astros have a winning percentage of 623. Use the binomial model to find the probability that the Astros will win 4 of thei

PLEASE HELP I WILL GIVE YOU BRAINLIEST AND PLS EXPLAIN YOUR ANSWER!!!

plzzzzzzzzzzzzzzzzzzzz

(-5,-2) (1,2) find the point-slope equation produced by the points

The demand for tickets to an amusement park is given by p = 70 - 0.2q, where p is the price of a ticket in dollars and q is the number of people attending at th

Solve for x: 2x + 8 = 4x - 10

On Monday, Sean bought 3 cookies and 5 cakes and spent $78.75. On Tuesday, Sean bought 8 cookies and 2 cakes and spent $40. Find the price for one cookie and on

Correct answers only please... thanks!