1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
prisoha [69]
3 years ago
14

Use the compound interest formula to find the compound amount on a $12,000 investment at 5% compounded quarterly for 4 years.

Mathematics
1 answer:
katrin2010 [14]3 years ago
5 1
Total = Principal * [1 + (rate/n)]^n*years
Where "n" is the compounding periods per year
Total = 12,000 * (1+(.05/4))^(4*4)
Total = 12,000 * (1.0125)^(16)
Total = 12,000 *  <span> <span> <span> 1.2198895477 </span> </span> </span> <span> </span>
Total = <span> <span> </span></span><span><span><span>14,638.67</span>


</span> </span>


You might be interested in
Which expression is equivalent to n + n - 0.18n?
horrorfan [7]

n + n - 0.18n

We can rewrite it as

2n - 0.18n

And if we solve it

(2 - 0.18)n = 1.82n

So the equivalente expression is B.

5 0
3 years ago
Read 2 more answers
What is the area of the figure 4 m 2 m 8 m 4 m
grigory [225]

Answer:

40m^2 based on what you've given. provide more information if this answer is wrong

3 0
3 years ago
Find the point-slope equation for the line that passes through the points (-10,-20)and (1,-9)
qaws [65]
10-20=10so the answer and 10-9=1 so that's the answer

6 0
3 years ago
Lacey already owns 7 hair bands, and additional hair bands are priced at 1 for a dollar. How
Nikitich [7]

Answer:

32 dollars

Step-by-step explanation:

4 0
3 years ago
Mrs.Murray gave 60 cans to the food drive. 1 out of every 4 cans were soup cans. How many donated cans were soup cans? Answers a
pogonyaev
The answer is B, 60/4 is 15 soup cans
6 0
3 years ago
Other questions:
  • Please help me <br> thanks :))
    7·1 answer
  • V + 19.9==20 find v​
    13·1 answer
  • A region with a 15 mile diameter has a population density of about 5000 people per square mile. Find the number of people who li
    6·1 answer
  • Classify abc by its angles if m
    7·1 answer
  • Find the value of x (chords and arcs)
    6·1 answer
  • Which expression has the same value as 59.2-84.7?
    14·2 answers
  • There is 200 votes in total so plzzz help me!
    12·1 answer
  • Help with number 20 please
    12·1 answer
  • What is the vertex of f(x) = |x + 8| – 3?<br> (-8,-3)<br> (-8,3)<br> (8,-3)<br> (8,3)
    9·1 answer
  • PLEASE HELP! State the horizontal asymptote of the rational function.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!