Answer:
z =65
Step-by-step explanation:
Answer:
See below
Step-by-step explanation:
- Initial Principal P₀ = 1000
- End of first period = 1000 + 1000*0.02/4 = 1005
- End of second period = 1005 + 1000*0.02/4 = 1010
- End of third period = 1010 + 1000*0.02/4 = 1015
- End of fourth period = 1015 + 1000*0.02/4 = 1020
Can you post a picture with more explanation