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

Si le aplicas calor a un cubo de hielo que ¿ocurre con sus partículas?
PLEASE HELP!! I give 100 brainly points!!
Question 12 of 34 Lisa turns the circular handle on a water faucet with a force of 25.0 N. As a result, a force of 125 N is applied to the valve shaft. What is
what claim is the author making in paragraph 8? Answer choices for the above question A. We should pay attention to the celebrities who try to make the world
00.0089 in scientific notation
Who was the president during the 1907-1908 school year?
The tendency to take no action rather than risk making the wrong one. A) Status quo bias B) Gambler's fallacy C) Overconfidence bias D) Sunk cost fallacy
What is the most commonly followed religion in Israel?
-3x-9=15 what is the value of x
HELP! i need this. its LATE!