Jeffery and carrie deposit 800.00 into an savings account which earns 4%interest compounded quarterly they want to use the money
in the account to go on a trip in 2 years how much will they be able to spend
1 answer:
Answer:
Step-by-step explanation:
- Deposit = 800
- Interest rate = 4% compounded quarterly
- Time = 2 years
<u>Number of compounds:</u>
<u>Saving amount at the end of 2 years:</u>
- 800*(1 + 0.04/4)^8 = 866.29
You might be interested in
Answer:
$6 per cat, $10 per car
Step-by-step explanation:
I guess and checked my work.
Answer:
80%
Step-by-step explanation:
Percentile rank = (number of scores lower or equal to 82 / total number of scores) * 100%
Percentile = (8 / 10) * 100%
= 0.8 * 100%
= 80%
Answer: Wait so you will give me brainliest if I do this?
Step-by-step explanation: :0 mind blown if you do
1000a+27b with 2 on top of the number
