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

Write each ratio or rate as a fraction in simplest form. 9 inches of rain in 30 days

what are particles of carbon that enter the air when wood or coal are burned?

Entrepreneurs fueled industrialization by

The most diverse colonies were ______________. the southern colonies the backcountry the New England colonies the middle colonies none of these

A magazine contains 7/12 articles the rest are adverts. If there are 204 pages in the magazine how many pages are adverts? Need answer ASAP!!!

What happened to the world's population between 1950 to 2000?

Debra has 2/3 of a pound of loose green tea leaves. If she wants to keep one-half if the tea at home and the other half at work, what fraction of a pound will s

Anne was observing a cell under a microscope which was undergoing binary fission. Which type of cell was Anne observing? 1 Eukaryotic animal cell 2 Eukaryotic p

What is one advantage of using a computer over a graphing calculator?

What did the Supreme Court rule in the Plessy v. Ferguson case in 1896? A. The 13th, 14th, and 15th Amendments were unconstitutional. B. Jim Crow Laws were unco