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:
36 = 2 x 2 x 3 x 3 (Answer C)
Answer:
80, 40, 40
Step-by-step explanation:
The rule is if the number before the tens place is 5 or more round up and if it is 4 or less round down.
I like to look at it without the rule and what makes sense.
82.14: my choices are 80 or 90. What number is 82.14 closer to on the number line? 80.
38.5 The choices are 30 and 40. This number on a number line would be closer to 40
41.3 The choices are 40 and 50. On a number line this number would be closer to 40.
Answer:
taco
Step-by-step explanation:
