SPIDER288
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

What is the unknown side length, p, in the triangle shown below? ​
What do you understand about parenting philosophy of author,s parents explain with two textual evidence
There are about 26 deuterium atoms for every million hydrogen atoms across the universe, but it is six times as prevalent in the water on Earth and in other sol
Which letter would be most meaningful variable for this problem situation? The distance a car travels divided by 7 A. s B. m C. x D. d plsss help
73.72 = (7.7.7). (7.7) = 73+2 = 75 53.53 = (5.5.5) . (5.5.5) = 53+3 = 56 31. 34 (3) · (3.3.3.3) = 35
what is the lateral surface area of a rectangular prism in square inches.
The Eti Food company is a fast-growing Multnational Enterprise that manufactures and sells protein bars for consumption by serious athletes, such as marathoners
Please help, I’ll mark you as brainliest!!!!!
Presente indicativo, es: Es Ser Era Fue
2 × 21/3 = A 4 2/3 B 4 2/5 C 4 1/3 D 5 1/3