Answer:

Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above

3 divided by 1 quarter is equal to 12 because
3 divided 1/4 is 12 . 1/4 is a quarter. so this is how you get your answer. 3 divide 1/4 = 3/1 multiply 4/1=12/1 =12
Answer:
Step-by-step explanation:
Hope it helps
Answer:
c. 40
Step-by-step explanation: