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2 years ago

400 thousands + 600 thousands in standard form

Mathematics

2 answers:

Fed [463]2 years ago

6 0

400,000 + 600,000 = 1,000,000

Luden [163]2 years ago

3 0

The answer will be 100,000 be3cause 6+4 is 10 and add 4 zero's

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harkovskaia [24]

The value of the investment in 5 years is $5805.9

<h3>What is Interest ?</h3>

Interest is the amount earned over years for the amount invested.

It is given that

Principal = $5000

Rate = 3%

Compounded Quarterly

Time = 5 years

Amount = ?

The Amount is given by the formula

Amount = P( 1 + (r/n))ⁿˣ

Here n = t = time period for which the investment has been done.

Amount = 5000( 1+(3/4 * 100)⁴ˣ⁵

Amount = 5000 (1.16)

Amount = $ 5805.9

Therefore , The value of the investment in 5 years is $5805.9

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