Principal, P= 4000
interest = 6%/4 = 0.015 (per quarter)
Number of periods, n = 5*4 =20 quarters
Compound interest formula:
Future value:



to the nearest cent.
Answer:
465
Step-by-step explanation:
1 + 2 + 3 + ... + n = n(n + 1)/2
1 + 2 + 3 + ... + 30 = 30(31)/2 = 465
Answer:
C
Step-by-step explanation:
All odd prime numbers up to 16:
3, 5, 7, 11, 13
All multiples of four up to 16:
4, 8, 12, 16
All of those in a list:
3, 4, 5, 7, 8, 11, 12, 13, 16
There are 9 things on that list. The probability is equal to:

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