Answer:
<h2>
$9441</h2>
Step-by-step explanation:
The interest will be compounded quarterly every year, it means in each year the interest will be calculated 4 times.
In 6 years in total
= 24 times the interest will be calculated.
The yearly interest rate is 4%. Hence, the quaterly interest rate will be
= 1%.
Hence, after calculating 24 times, the amount will be turned to
= 44440.7127≅ 44441.
Hence, the total compound interest is $(44441 - 35000) = $9441
Answer:
Step-by-step explanation:
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Answer:
Step-by-step explanation:
You need to use the quadratic equation
x = 
Givens
x = 
x =( 5 +/- sqrt(25 - 12) ) / 2
x = (5 +/- sqrt(13) )/2
x = (5 + sqrt(13) / 2
x = 4.303 rounded
x = (5 - sqrt(13) ) /2
x = .6972
You didn’t include any picture or write a question what are we suppose to answer ?:,)