Ask a New Question

Asked by Anonymous

write a compound interest function. then find the balance. $4000 invested at a rate of 4% compounded quarterly; 3 years
14 years ago

Answers

Answered by Reiny
amount = 4000(1.01)^12
= .....
14 years ago
There are no AI answers yet. The ability to request AI answers is coming soon!

Submit Your Answer


We prioritize human answers over AI answers.

If you are human, and you can answer this question, please submit your answer.

Related Questions

Write a compount interest function to model each situation. Then find the balance after the given nu... Compound Interest A Interest paid on the principal and the interest of a deposit or loan. B Perce... Using the compound interest formula A = P (1+ ((r)/ (n)) ^nt Find the amount of money in the... M.13 Compound interest EHZ Baldwin deposited $1,011 in a savings account earning 2% interest, co... compound and interest Using the below values please calculate the amount accumulated (futur... What is the compound interest on the previous investment? If the compound interest on $1000 for two years at 9% p. a. , payable half-yearly is $x, find x. Using the Compound Interest Table, calculate the compound amount after 5 years for an investment of... using the compound interest formula find the principal that will yield a compound interest of n$410... The compound interest on Rs.1,000 at 6% compounded semi-annually for 6 years is:
Submit Your Answer

Question

write a compound interest function. then find the balance. $4000 invested at a rate of 4% compounded quarterly; 3 years

Ask a New Question
Archives Contact Us Privacy Policy Terms of Use