dylandoouglas8788 dylandoouglas8788
  • 15-02-2022
  • Business
contestada

You are going to deposit $3,200 in an account that pays .58 percent interest per quarter. How much will you have in 8 years

Respuesta :

11901781 11901781
  • 15-02-2022

Answer is 3850.54  

Explanation:  

Cash deposited today  3200

FVf at 0.58% for 32 periods  1.2033

Amount at the end of 8 yrs (i.e.32 quarters) 3850.56

Answer Link

Otras preguntas

PLEASE HELP ME WITH THIS THANK U!:)))
By what factor does [h+] change for a ph change of 2.39 units.
A proton beam in an accelerator carries a current of 134 µa. if the beam is incident on a target, how many protons strike the target in a period of 16.0 s?
What is the x-coordinate at the point of intersection for these equations? f(x) = 2.8x - 12 g(x) = 5.8x + 9
Sun 101 - Which two complementary forces keep the Sun from blowing itself up? fusion and magnetism helium and hydrogen photons and magnetism fusion and gravity
For which of the equalities below is v= 4 a solution
What did sam houston (again) invite the united states to do in 1842?
What is the most common cause of childhood obesity
Which ordered pair is a solution to the equation y = 6x - 4? The answer choices are A) (2, 1) B) (1, 2) C) (2, 6) D) (1, 1)
What would the steps be?