2 years ago

How much money will there be in an account at the end of 10 years if $4000 is deposited at 6% compounded quarterly

Mathematics

1 answer:

Elena L [17]2 years ago

7 0

Answer:

$7,256.07

Step-by-step explanation:

A = p(1+r/n)^nt

A = 4000(1+.06/4)^(10*4)

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If they started with 100 and 27 remained, then (100 - 27) = 73 were taken.

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