laurenellis68 laurenellis68
  • 24-05-2019
  • Mathematics
contestada

The amount of an ordinary $9000.00 annuity for 3 years at 12 percent compounded quarterly is _______?

Respuesta :

claudettemartinez
claudettemartinez claudettemartinez
  • 24-05-2019

Answer:

$9000.00[1+{(12/100)/4}]4*3= $1112.40

-

"As the formula stands like A=P(1+rn)nt where

A = Amount.

P= Principal

r=rate of interest expressed as percentage

n=number of times the interest is compounded in a year

t=total time"

Answer Link

Otras preguntas

A person is watching a boat from the top of a lighthouse.
Which of the following statements correctly uses the distributive property? -2(15 - 3) = -2(15) + (-2)(3) 7(9 - 8) = 7(9) - 8 9(-7 + 6) = 9(-7) + 9(6) -3(12 + 5
Help me plzzzzz Speaking in 2 min Describe something you can do to help protect the environment
A passenger of mass 90kg is involved in a minor car crash. The car approaches a solid barrier at 32m/s. It crashes into the barrer and stops in 0.2s. Determine
Marcus has been reading about a national program answers.
The security system in a house has two units that set off an alarm when motion is detected. Neither one is entirely reliable, but one or both always go off when
Given that 372 × 68 = 25296 find the value of 3720 x 68
Between 1981 and 1984, President Reagan doubled the: A. Living space in the White House. B. Budget for welfare programs. C. Defense Department's budget D. None
How i can answer this question, NO LINKS, if you answer correctly i will give u brainliest!
The amount of the product in grams, formed from the limiting reactant is th