<span>If you deposit(P) $6,800 in a money-market account that pays an annual interest rate(r) of 5.7%. The interest is compounded quarterly(4). [ The money you have after 3 years(t) is: Using the compound interest formula A=P(1+r/n)^nt, where P=$6800, r=57%=.057,t=+3, n=4. A=$6,800(1+(0.057/4))^(3x4) =$6,800(1+0.01425)^12 =$6,800(1.01425)^12 =$6,800(1.18505961016) =$8,058.41. ]</span>
Answer:
Step-by-step explanation:
Your checkmarks are in the right places. So the answers are correct that you have chosen.
c) 1 week x 7 days/1 week x 24hr/1 day x 60min/1hr x 60s/1min =
If you solved it, you would get 604,800, which is correct.
Answer: 32.2
Step-by-step explanation:
