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

give answer as a mixed number 3/5 + 4/5 =
What type of charge does an neutron
The price of a stock market went down $4.25 on Monday and then $2.75 on Tuesday what was the overall change in price for the two days?
2 decimals that are equivalent to the given decimal of 2.200
an apple in a tree has a gravitational potential energy of 175J and a mass of 0.36g . how high from the ground is the apple
does it make sense to connect the points on the graph with a solid line? Explain
what is 5 divided by 312 in the long way
is this correct?: data can be arranged in visual displays called _graphs_ to make identifying trends easier. (or would it be bar graphs..?
Why did ancient Egyptians call Their land kemet "the black land"
72/100 in simplest form