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bulgar [2K]
3 years ago
6

Will Give Brainiest! For right answer!

Mathematics
1 answer:
finlep [7]3 years ago
5 0
I got 75.36 as my answer.

Hope it helps!
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After 6 years, what is the total amount of a compound interest investment of $35,000 at 4% interest, compounded quarterly?
sammy [17]

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 6 \times4 = 24 times the interest will be calculated.

The yearly interest rate is 4%. Hence, the quaterly interest rate will be \frac{4}{4} = 1%.

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Hence, the total compound interest is $(44441 - 35000) = $9441

4 0
3 years ago
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Which of these is the algebraic expression for "4 less than the product of 3 and some number?"
dolphi86 [110]

Answer:

Step-by-step explanation:

3m - 4 is the answer

hope this helps

plz mark it as brainliest!!!!!!!!!!!

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