$750 are deposited into an account quarterly for six years at an interest rate of 5.3% compound quarterly. how much is in the account at the end of the 6 years?

Question

01-11-2017
Mathematics

contestada

$750 are deposited into an account quarterly for six years at an interest rate of 5.3% compound quarterly. how much is in the account at the end of the 6 years?

Respuesta :

Otras preguntas

During the evolution of life on Earth, the photosynthetic organisms initially responsible for raising atmospheric oxygen concentrations from less than 1 percent

my teddy bear gave me a hug is an example of 1.metaphor 2.personification 3.simile 4.alliteration

Which of the following is x⁴ + y⁴ identically equal to? (A) (x² + y²)(x + y)(x - y) (B) (x² + xy + y²)(x² - xy + y²) (C) (x² + √2xy + y²)(x² - √2xy + y²) (D) (x

What is 574 in expanded form

Describe what happens when blood in capillaries flows past cells

what derived unit is usually used to express the density of liquids?

Sound: The more _______ a sound has, the _________ its volume is.

Propane and oxygen react according to the equation: C₃H₈(g) + 5O₂(g) → 3CO₂(g) + 4H₂O(g). How many grams of water can be produced from the complete combustion o

jacquelinedlc jacquelinedlc · Answer 1 · 2017-11-01T04:47:07+01:00

jacquelinedlc jacquelinedlc

01-11-2017

A = P (1 + r/n)^nt

P = principal amount
r = rate in decimals
n = number of tim s interest is compounded/year
t = # of years amount is deposited or borrowed for

A = 750 (1 + .053/4)^4(6)

A = $1028.63

Answer Link