Haileystdd8030 Haileystdd8030
  • 12-10-2018
  • Mathematics
contestada

The basic equation for calculating compound interest is A=P(1+r/n)^(nt). If 1400 is inve if 1400 is inverested at an interest rate of 6% per year, compounded quarterly, how much will the investment be worth at the end of 10 years?

Respuesta :

Аноним Аноним
  • 17-10-2018

Answer:

2539.63

Step-by-step explanation:

A = 1400(1 + 0.06/4)^(4*10)

 =  2539.63

Answer Link

Otras preguntas

Which is an example of karma?
What was the main concern with the first draft of the Articles of Confederation?
how many soldiers were lost at the Battle of Somme, Verdun & Ypres
Use direct democracy in a sentence
Chad has 4 twenty-dollar bills. Emily has 4 five dollar bills. What FRACTION can be used to tell how much money Emily has compared to Chad?
Nomadic tribes traveled far and wide, spreading not only valuable goods but also their
Could an average star, such as our sun, become a neutron star? Explain your answer.
How do volcanoes change the Earth's surface?
Angle x is the largest angle in triangle XYZ. Angle y is the smallest angle. How does the sum of the measures of angles y and z compare to the measure of angle
What was the main concern with the first draft of the Articles of Confederation?