alexisssjay alexisssjay

12-01-2017
Mathematics

Answered

The amount to which $5,000 would grow in ten years at 6% compounded quarterly.

$5,802.70

$8,954.24

$9,070.09

$51,435.90

Verified Answer :

MissPhiladelphia MissPhiladelphia

19-01-2017

For the answer to the question above asking the amount to which $5,000 would grow in ten years at 6% compounded quarterly.

5000 (1+.06)^10
The answer is 8954.23 or $8,954.24
i hope my answer helped you. feel free to ask more questions. Have a nice day!

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