Find the final amount. $1000 invested at 6% APR compounded quarterly for 3 years

Question

ndavis69 ndavis69

15-03-2020
Mathematics

contestada

Find the final amount. $1000 invested at 6% APR compounded quarterly for 3 years

Respuesta :

Otras preguntas

write 3 sentences about an animal of your choice

Please answer and explain! 17 POINTS!

31- blank -12= 5 I have no ideA please help!

what is 8/10 estimated to

Read the passage and choose the correct punctuation marks

What is a rational economic decision? A) One in which there are no opportunity costs. B) One in which marginal benefits exceed marginal costs. C) One in which m

Dean and karlene get paid to write songs. Dean is paid a one-time fee of $20 plus $80 per day. Karlene is paid a one-time fee of $25 plus $100 per day. Write an

A sunflower was 20 1/2 inches tall. Over the next 6 months, it grew to a height of 37 inches tall. What was the average yearly growth rate of the height of the

Write and solve a system of equations to solve the problem. A small costume business spends $550 for start-up costs and $15 per costume. The business sells each

Which expression is equal to ...?

thomassookoo thomassookoo · Answer 1 · 2020-03-15T01:49:44+01:00

thomassookoo thomassookoo

15-03-2020

Step-by-step explanation:

Total Price=SI+Priciple

SI=P×R×T

P=$1000

R=6%

T=3yrs

SI= 1000×0.06×3yrs

=$180

Total Price= Priciple + SI

=$1000 + $180

=$1180

Answer Link

Officialalehpeter Officialalehpeter · Answer 2 · 2020-03-15T02:43:08+01:00

Officialalehpeter Officialalehpeter

15-03-2020

Answer:

$1180

Step-by-step explanation:

Simple interest=p×t×r/100

P=$1000

T=3 years

R=6%

1000×3×6/100

S.I=18000/100

S.I=180

Therefore the S.I=$180

The total price=capital+interest

1000+180=1180

Therefore the total price=$1180

Answer Link

Find the final amount. ​$1000 invested at 6​% APR compounded quarterly for 3 years

Respuesta :

Otras preguntas

Find the final amount. $1000 invested at 6% APR compounded quarterly for 3 years