3 years ago

$1200 deposit at an APR of 4% with quarterly compounding for 2 years.

Mathematics

2 answers:

inessss [21]3 years ago

8 0

Answer:1296

Step-by-step explanation:1200*.04=96

1200+96=1296

Degger [83]3 years ago

6 0

Answer:

The amount is $1298.92 and the interest is $98.92.

Step-by-step explanation:

You might be interested in

Bradley is purchasing a new car for 37000. If the car loses 20%of its value every year, how much will the car be worth in 7 year

spayn [35]

ANSWER

After 7 years the car will worth, 7,759.5

EXPLANATION

The initial value of the car is 37000.

The rate of depreciation is 20%

In 7 years time, we can calculate the value of the car using the formula,

$A=P(1-r\%)^n$

We substitute the values into the formula to obtain,

$A=37000(1-0.2)^7$

$A=37000(0.88)^7$

$A=7759.5$ to the nearest tenth

6 0

2 years ago

You buy a veido game for $60 and the sales tax is 8% what is the total cost for the game including the sales tax

Keith_Richards [23]

8% of 60 = 4.8
total = 60 + 4.8
= 64.8

5 0

2 years ago

Which if the following best describes the graph below?

NARA [144]

Answer:

is a one to one function

Step-by-step explanation:

it is a one to one function

7 0

3 years ago

How do I solve 3x(4x-15)

inna [77]

3x(4x - 15) < Given
12x^2 - 45x < Distributive law of property

By the way, you are simplifying not solving. You solve equations and simplify expressions.

7 0

2 years ago

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBB ?

nadezda [96]

Answer:

uh.

Step-by-step explanation:

3 0

2 years ago

$1200 deposit at an APR of 4% with quarterly compounding for 2 years.​

$1200 deposit at an APR of 4% with quarterly compounding for 2 years.