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

List the perfect squares between 100 and 500 that are even numbers.

Write an equation for a non-vertical line that contains the point ( 2,-4 )

what is the prefix of enactment?

What is bigger fraction, 5/6 or 6/7

Use the order of operations and the digits 2,4,6 and 8 to create an expression with a value of 2

What is the meaning of Pangaea

how do you now 11/33 is a simplest form

At a store , 24 bottles of water and 6 bags of chips costs $23.40. Five bottles of water and two bags of chips cost $6.60. What is the cost of a single bottle o

Orchids are a type of flowering plant. How would biologists explain how a living orchid species lacking leaves evolved from an ancestral orchid species that had

What is 60 divided by 100 and why? ( I got 0.6 but I'm not sure ) plz hurry