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

Find the solution(s) to the system of equations. Select all that apply y=x^2-1 y=2x-2
What country is this? B Uruguay D Venezuela
Solve |y + 2| > 6 {y|y < -8 or y > 4} {y|y < -6 or y > 6} {y|y < -4 or y > 4}
Read this passage: There were old, half-rotten vegetables; bones from the evening meal, covered in white sauce that had gone hard; a few raisins and almonds; so
Which of these things did Galileo NOT do? a. stop publishing his scientific work after being convicted of heresy b. invent the concept of acceleration c. exper
I NEED THIS TO PASS CAN SOMEONE HELP ME!!!
According to social exchange theory, altruistic behaviors benefit the individual who performs them. T/F
How does writers use characterization in a story
A window is in the shape of a kite. Caleb wants to apply a layer of plastic film on the top half of the window so that the glass appears crackled. What are the
When their period of service ended, indentured servants were forced to pay a fee to gain freedom. were forced into slavery. had land they owned taken away. were