3 years ago

PLEASE HELP Complete the table by computing the amount in the account at the end of each period.

Mathematics

1 answer:

skad [1K]3 years ago

8 0

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

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