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

why do cells prefer to use carbohydrates as a source of energy before they use fats and proteins.
I need an answer now please asap and you will me marked brainiest please it's missing I need it now. If you created a superhero What’s their motivation for usin
Please Help, I need it for my homework
(NEED HELP ASAP, WILL GIVE BRAINLIEST)Which statement best completes the diagram?
Granulocytes that contain granules of vasoactive amines such as histamines are called?
find the value of x ~[tex]4x - 8 = 0[/tex]thankyou ~​
I need 7 parts sugar for every 6 parts milk. I use 28 cups of sugar. How much milk do I need?
Is America Imperialist today? Explain your answer.
PLEASE PLEASE PLEASEEEE HELP ME
yes help me for this maths questions