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find the balance in the account after the given period $500 principal earning 4% compound quarterly after 6 years
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find the balance in the account after the given period $500 principal earning 4% compound quarterly after 6 years

User David Smiley
by
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2 Answers

3 votes

Answers

1. b

2. d

3. b

4. b

5. a

6. c

7. b

8. b

9. b

10. d

11. b

12. c

User Tintu
by
8.6k points
0 votes
A=P(1+r/100)^n
A=500(1+4/400)^24
A=500(1.01)^24
A=634.87
User Sarme
by
7.9k points
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