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nata0808 [166]
4 years ago
14

Please help me as soon as possible.

Mathematics
1 answer:
love history [14]4 years ago
7 0
Total = Principal * (1 + rate/n)^(n*years)
where "n" is the number of compounding periods per year
Total = 6,000 * (1 + .06/4)^(4*5)
Total = 6,000 * (1 + .015)^(20)
Total = 6,000 * <span> <span> <span> 1.3468550066 </span> </span> </span>
Total = <span> <span> <span> 8,081.13</span></span></span>

Source:
http://www.1728.org/compint.htm


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