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

Simplify: 18 - ⎷81 + 9 · 3⁴ - (3 - 2 + 9) ÷ 2
Match the following items.
importance of educationessay​
Solve | x + 6| - 7 = 8A: x= -9 and x = -21 B: x = 9 and x = -9 C: x = -9 and x = 21 D: x = 9 and x = -21 ​
To ensure sufficient intake of vitamin b-6, a college student should:.
Fill in the blank with the correct form of the verb in order to answer the question logically. -- ¿Piensan ustedes estar aquí mañana? --Sí, estar aquí mañana.
Solve the following quadratic by completing the square.
The consequences of rural urban migration
A gas has a mass of 3.82 g and occupies a volume of 0.854 L. The temperature in the laboratory is 302 K, and the air pressure is 1.04 atm. calculate the molar m
Groups that are bound by common interest and use the political system from the inside to attain their goals are known as ______.