destinyogoo7 destinyogoo7
  • 03-02-2021
  • Mathematics
contestada

An investment of $5000 has an annual growth rate of 8% for 3 years
a) How much is the investment worth if the interest is compounded quarterly?

Respuesta :

WVMOKRWBFJ WVMOKRWBFJ
  • 03-02-2021

Answer: The final balance is $6,341.21.

The total compound interest is $1,341.21.

Step-by-step explanation:

Answer Link

Otras preguntas

Which item also belongs in the list? Pleaseee
What is the y-coordinate of the point of intersection for the two lines given below? A: 4 B: -14 C: -3 D: -2
Which statements are true of an allegory? Check all that apply. It is an extended metaphor. It has literal and symbolic meanings. It helps to communicate an ab
Artist ReportDirections:1. Choose two of the following artists to research. a. Edgar Degasb. Claude Monetc. Vincent Van Goghd. Paul Gauguine. Mary Cassat
Decide si se usan los verbos correctamente. Cuando yo era pequeño, aprendí a andar en bicicleta en un día. correct incorrect no context clues
Solve 12x + 6 > 9x + 12.
I need help With my math
y=2x+5 and y=3x+2 using substitution strategy
-9+s=-61 what is the answer
What is the equation of cellular respiration and photosynthesis?