tayloryoung755 tayloryoung755
  • 01-04-2020
  • Mathematics
contestada

find the total amount if $5000 is invested for 10 years at a rate of 8% interest, compounded quarterly

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jared0609 jared0609
  • 01-04-2020

Answer:

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Step-by-step explanation:

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ggieselman2008 ggieselman2008
  • 01-04-2020
The answer should be $4000 because if $5000 is your principal you multiply that by the rate which is 8% and you have to turn that to decimal form which is 0.08 and then you just multiply by 10.
Ver imagen ggieselman2008
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