selanjess selanjess

14-06-2021
Mathematics

contestada

PLEASE HELP
what is the amount of an investment $10,000 compounded quarterly for 3 years at a rate of 4 percent?

Respuesta :

biffyboffboof biffyboffboof

14-06-2021

Answer:

10000 times 3 times 0.04 = 1200

Answer Link

madethisfortwitch1 madethisfortwitch1

14-06-2021

Answer:

11268.25

Step-by-step explanation:

[tex]P(1+\frac{i}{n})^{n*t}=10000(1+\frac{.04}{4})^{4*3}=11268.2503[/tex]

Answer Link

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