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REY [17]
3 years ago
10

$500 principal earning 4% compounded quarterly, after 6 years?

Mathematics
1 answer:
sashaice [31]3 years ago
4 0
Total = 500.00 * (1.04)^6
Total = <span> <span> <span> 632.6</span></span></span>6

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Step-by-step explanation:

<h3>Let the literate and illiterate people of Rashkundu Village be 4x and x respectively then </h3><h3>4x + x = 6550</h3><h3>5x = 6550</h3><h3>x = 6550 / 5</h3><h3>x = 1310</h3><h3 /><h3>Therefore </h3><h3>no. of literate people = 4 * 1310 = 5240</h3><h3 /><h3>no. of illiterate people = 1310 </h3><h3 /><h3>Hope it will help :)</h3>
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