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
#SPJ1
Answer:
B. (3,2)
Step-by-step explanation:
Step 1) When shifting from A(1,2) to B(4,4), the point shifted 3 units to the right (which means x=3) and 2 units upwards (which means y=2).
Step 2) So when you apply the same movements to point C(0,0), the new point will be (3,2).
See the diagram below. Step 1 is the graph on the left. Step 2 is the graph on the right. The movement is colored in green. Hope this helps!
Answer:
Y = 12
Step-by-step explanation:
3/9 = 4/y
By cross multiplying, we get
3*y = 4*9
3y = 36
Y = 12
Answer: 29.6
Step-by-step explanation:
i got it right
The answer is 3/7, 5-2=3 and 10-3=7