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bessbrownpatech
bessbrownpatech bessbrownpatech
  • 03-07-2016
  • Mathematics
Answered

find the balance in the account after the given period $500 principal earning 4% compound quarterly after 6 years

Verified Answer :

Ckaranja
Ckaranja Ckaranja
  • 05-07-2016

A=P(1+r/100)^n
A=500(1+4/400)^24
A=500(1.01)^24
A=634.87

Answer Link
otakugirl
otakugirl otakugirl
  • 14-02-2019

Answers

1. b

2. d

3. b

4. b

5. a

6. c

7. b

8. b

9. b

10. d

11. b

12. c

Answer Link

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