The final amount if $10 000 invested for 6 years at 4% compounded quarterly is $12,697
<h3>Compound interest</h3>
The formula for calculating the compound interest is given as:
A = P(1+r/n)^nt
Given the following parameters
A = 10000(1+0.04/4)^4(6)
A = 10000(1+0.01)^24
A = 10000(1.01)^24
A = 1.2697(10,000)
A = $12,697
Hence the final amount if $10 000 invested for 6 years at 4% compounded quarterly is $12,697
Learn more on compound interest here: brainly.com/question/24924853
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Answer:
Step-by-step explanation:1/4(-12+4/3)
-12+4/3=-36+4/3
1/4*-32/3=-8/3
-2.666
Answer:
(-3, -8)
Step-by-step explanation:
-8+2/2= -3
-6 -10/2= -8
(-3, -8)
Answer:
the answer is 546 hope this helps :)
Step-by-step explanation:
