Paris98
Paris98 Paris98
  • 08-04-2017
  • Mathematics
contestada

Find the amount accumulated after investing a principle P for T years at an interest rate compounded k times per year.
P= $3,500 r=5% t=10 k=4
Hint: A=P(1+r/k)^kt

Respuesta :

megansolosky201 megansolosky201
  • 08-04-2017
A = 3500(1 + .05/4)^ 4*10

= 36,783.08679
Answer Link

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