Register

Malik Fulton savings account has a principal of $1,640. It earns 6% interest compounded quarterly. What is the amount at the end of the second quarter?

Malik Fulton savings account has a principal of $1,640. It earns 6% interest compounded quarterly. What is the amount at the end of the second quarter?
153k views
0 votes
Malik Fulton savings account has a principal of $1,640. It earns 6% interest compounded quarterly. What is the amount at the end of the second quarter?

User Calimarkus
by
8.2k points

1 Answer

4 votes
Son $3608 pues el 6% corresponde a $984 en 2 trimestres son $1968 más los $1640 iniciales entonces resulta $3608
User Vukung
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!