-0.26 0.5 Select one: -0.052 0.052 -0.52 -0.51
1 answer:
You might be interested in
A calculator says,
a) account balance: $208.12, so interest earned = $8.12
b) account balance: $1040.60, so interest earned = $40.60
c) account balance: $83,248.32, so interest earned = $3,248.32
_____
The compound interest multiplier for one year is (1 +r/n)^n, where r is the annual rate and n is the number of compoundings in a year. For this problem, you have r=.04, n=4.
a) account balance: $208.12, so interest earned = $8.12
b) account balance: $1040.60, so interest earned = $40.60
c) account balance: $83,248.32, so interest earned = $3,248.32
_____
The compound interest multiplier for one year is (1 +r/n)^n, where r is the annual rate and n is the number of compoundings in a year. For this problem, you have r=.04, n=4.
Answer:
8
Step-by-step explanation:
It is shown in figure
thank you
