Answer: 5, it appears more than the other scores the golfer got
Answer:
negatively charged
Step-by-step explanation:
Answer:
your answer is 16
Step-by-step explanation:
The balance after ten years is $2,208.04.
When an amount of money is compounded quarterly, it means that the amount deposited and the interest earns interest every quarter. The formula that can be used to determine the balance in 10 years is:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value = $1000
- R = interest rate = 8%/4 = 2%
- m = number of compounding = 4
- N = number of years = 10
$1000 x (1.02)^40 = $2,208.04
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