ravynaguirre13p6a3ux ravynaguirre13p6a3ux
  • 09-07-2022
  • Mathematics
contestada

A principal of $5500 is invested in an account paying an annual rate of 7%. Find the amount in the account after 4 years if the account is compounded semiannually, quarterly, and monthly.

Respuesta :

wengfai
wengfai wengfai
  • 09-07-2022

Answer:

Formulae is Future value, see in picture I've done example 1 for u.

Ver imagen wengfai
Answer Link

Otras preguntas

Help me with this question? What is 8% of 85?
Why can't minors work more than 3 or 4 hours?
When h has the value 8 calculate 5h -3?
what is the difference between an open and a close primary
How do you decompose a fraction?
find the slope and y-intercept of the line. y = 2x + 5
it takes Kate 10 minutes to walk to the bus stop.How many seconds does it take her to walk to the bus stop
How long would it take you to swim across a lake 900 meters across if you swim at 1.5 m/s
What are two ways islams improved the lives of people in Spain
compare and contrast how did hellestic culture differ, from early greek culture