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:
$708.87
Step-by-step explanation:
The price with tax included is ...
660.95 + 0.0725×660.95 = 660.95(1 +0.0725) = 708.87
The total cost of the bicycle with tax is $708.87.
Answer:
tan 75 =x/you is the my answer
Answer:
D
Step-by-step explanation:
y=mx+b
m = slope
b = y intercept
m = 5
b = -8
y=5x-8