menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
A 6,000.00 principal earns 8% compounded annually after 4 years what is the balance
Ask a Question
Questions
Unanswered
Tags
Ask a Question
A 6,000.00 principal earns 8% compounded annually after 4 years what is the balance
asked
Aug 25, 2018
29.2k
views
4
votes
A 6,000.00 principal earns 8% compounded annually after 4 years what is the balance
Mathematics
high-school
Cand
asked
by
Cand
7.8k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
0
votes
A=p (1+r)^t
A future value
P present value 6000
R interest rate 0.08
T time 4
A=6,000×(1+0.08)^(4)
A=8,162.93
Subham Goyal
answered
Aug 31, 2018
by
Subham Goyal
7.6k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
No related questions found
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
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org