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viva [34]
3 years ago
13

Given ax^2+bx+c What is the initial amount?

Mathematics
1 answer:
Natasha_Volkova [10]3 years ago
4 0
5000 ~ 40 bc because a x and give that
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What is the amount of a $4,000.00 annuity due at 12 percent compounded semiannually for 3 years?
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$ 5674.076

Step-by-step explanation:

The question is on compound interest

The formulae = A= P(1+ r/n) ^nt .......where P is the principal amount, r is the rate of interest in decimal, n is number of compoundings per year and t is the total number of years.

Given; P= $4,000.00 , r=12/100=0.12, n=2 and t=3

Substituting values in the equation  A= P(1+ r/n) ^nt

A= 4000 ( 1+0.12/2)^2×3

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