catherine1764 catherine1764
  • 16-12-2019
  • Mathematics
contestada

If 5000 is invested at a rate of 3% interest compounded quarterly,what is the value of the investment in 5 years ?

Respuesta :

zrh2sfo
zrh2sfo zrh2sfo
  • 17-12-2019

Answer:

$5,805.92

Step-by-step explanation:

The compound interest formula is: A = P (1 + r/n)^nt

Answer Link

Otras preguntas

In order to break the soviet blockade against west berlin in 1948, the united states and great britain
Help me solve for the variable x
What distinguishes the pupa stage and adult stage of a caterpillar? A. being able to reproduce sexually B. searching for food C. looking wormlike D
how do u write 7/20 as a decimal and percent
can u help me with # 43 and 44
A piecewise function f(x) is defined as shown. f(x) = Which table could be used to graph a piece of the function?
Adding a last dash of bule,the the painting Ryan had been working on for three weeks was finished. Can you help me fix the sentence?
In the mending wall what makes the speaker say that something doesn't love a wall
How did geography affect both napoleon's invasion and hitler's invasion of russia?
True or false for exploring the environment, humans depend on hearing more than any other sense