jocekinn
jocekinn jocekinn
  • 10-04-2017
  • Mathematics
contestada

Find the Compound Amount.
Round to the nearest cent.

Amount = $980
Rate = 8%
Compounded = Quarterly
Time (Years) = 5

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 10-04-2017
A=p(1+i/m)^mn
A=980×(1+0.08÷4)^(4×5)
A=1,456.23
Answer Link

Otras preguntas

Simplify the expression: In(e^5x).
4 times what number equals 204
Solve 2p^4+6p^3-8p^2-4p
How do I write the equation of the line when using (-4,18)?
the difference of 17 and 5 times a number.
Waves A and B have the same speed, but wave A has a shorter wavelength. Which wave has the higher frequency?
What do all viruses need to reproduce?
What number divided by 8 equals 7
A soccer is having a car wash. The team spent $55 on supplies. They earned $275, including tips. The team profit is the amount the team made after paying for su
Joseph has a coin and a number cube. The number cube is labeled 1 -6. He flips the coin once and rolls the number cube once. What is the probability that the co