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 annual interest for a principal of 3500 at a simple interest rate of 2.3

What is the value of 1/2^-2x^-3y^5 for x=2 and y=-4?

Selena constantly thinks about climbing up the stairs to the roof of her building and jumping into the street below. selena's uncontrollable thoughts could be c

Decisions made by the U.S. Court of Appeals are based on Constitutional law. true or false

Imagine you live only one mile from work and you decide to walk. If you walk four miles per hour,how long will it take you to walk one mile?

Students in 7th and 8th grade were asked the types of movies they prefer. The results of the survey are shown in the two-way table. Which statements are correc

Graph the linear equation. 3x-4y=12 Thanks

Based on the article on China’s resources and products, which of the following industries is the most important to China? A. manufacturing B. medicine C. sports

In the analogy for how a wave travels along a line of dominoes standing on end, each domino represents _______. HELP ASAP PLEASE A. A wave B. The initial dist

1. Who was an influential composer of the Renaissance Period and why?