Answer:
mom this u?
Step-by-step explanation:
51 x 8 = 408
It can be in this way: 51*8=408
I did this in my head but the answer is $36 45/5 is 9 9*4 is 36. And if you add another it totals to 45. Thus the answer is $36.
1) Quaterly interes = 3% / 4 = 0.03 / 4
2) Values:
after 1 quarter: 2000 (1 + 0.03/4)
after 2 quarters: 2000 (1 + 0.03/4)^2
after 3 quarters: 2000 (1 + 0.03/40^4
after 4 quarters = 2000 (1 + 0.03/4)^4
You could have used the future value formula directly:
A = C * (1 + r/n) ^ n*t
where r = 3% = 0.03
n = number of periods in a year: 4
t = number of years = 1
C = initial investment = 20000
=> A = 2000 (1 + 0.03/4)^4
Answer: option D. A = 2000 ( 1 + 0.03 /4) 4
