Solution :
Given :
Principal amount deposited, P = $ 6000
Rate of interest, r = 5%
Number of years, t = 4 years
When the deposited amount is compounded semiannually, i.e. n = 2
Therefore,
Future value,
= 6000 x 1.2184
= 7310.4
Therefore, after 4 years there will be $ 7310.4 in the amount when compounded semi annually.
When the deposited amount is compounded quarterly, i.e. n = 4
Therefore,
Future value,
= 6000 x 1.219889
= 7319.334
Therefore, after 4 years there will be $ 7319.334 in the amount when compounded quarterly.
When the deposited amount is compounded monthly, i.e. n = 12
Therefore,
Future value,
= 6000 x 1.22089
= 7325.34
Therefore, after 4 years there will be $ 7325.34 in the amount when compounded monthly.
Answer:
;-;
Step-by-step explanation:
Nice ask you parent for help is all my advice ;-;
Answer:
the answer is -364
Step-by-step explanation:
$6.24 divided by 4
Each notebook was $1.56
Answer:
Option A
Step-by-step explanation:
The income statement comprises of income made in a given year.
It never gives details of the target income or the income projected.
Hence, projected profit will not be included in the income statement. Rest all other options i,e Net Sales c. Cost of Goods d. Operating Expenses are the actual income and expenditure components that are included in a income statement
Option A is correct