emma3116 emma3116

01-07-2020
Mathematics

contestada

If Ricky borrowed $4600 at a rate of 16% interest per year compounded quarterly,
calculate the amount due at the end of 8 years if the interest is compounded
quarterly.

Respuesta :

gilbertazavedo72 gilbertazavedo72

02-07-2020

Answer: $16137.07

Step-by-step explanation:

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

A= 4600(1+0.16/4)^4x8

A= 16137.07

Answer Link

Otras preguntas

Help please thankssssssssssssss

What impacts does plastic have on the environment and how can we help?

Calculate the value of y to the nearest hundredth.

when you go back to the house, do u wear shoes in your house

what is the rate law of NO2 gas

Select ALL of the following that are directly involved with making a protein Ribosome Cell Membrane DNA Cytoplasm

Which property is represented below 16•5•2=2•5•16 A. Associative property of addition B. Associative property of multiplication C. Commutative property of add

Why will random samples from a given population not have the same mean? O Sample means will vary because the data values selected for samples are not randomly c

6th grade social studies help me pleaseee

In a survey a bunch of students were asked to name their favorite elective class. There were 15 students who chose "other". How many students participated?