Dejesusazeneth221go Dejesusazeneth221go

Mathematics

Answered

Lucas deposits $4,000.00 for 6 years at 2% interest, compounded monthly. How much interest does he earn at the end of the 6 years? Round to the nearest cent. SHOW THE WORK PLEASE

Answer :

Cutydragygo Cutydragygo

Answer:

$12644.56

Step-by-step explanation:

one year = 12 month

4,000 * (1.02)^(6*12) = 16644.5615

16644.5615-4000 = 12644.5615

Answer Link

Irspowgo Irspowgo

Answer:

Step-by-step explanation:

[tex]A=P(1+r/c)^{ct}\\ \\ A=4000(1+.02/12)^{12(6)}\\ \\ A\approx \$ 4509.54[/tex]

Answer Link

Go Teaching: Other Questions

6 Select The Correct Answer. Which Of The Following Is A Non-real Complex Number? OA. 9- А. - 5 — 2√7 4 ОВ. O C. -8√ - 3/12 OD. 3√² + √

Find The Value Of X.

3. As There Is No Answer When I Knock, I Think He Out. A) Ought To Be C) Might Been D) Must Be B) Must To Have Been 4. She Hopes To Get Married Before She Thirt

The Fox Population In A Certain Region Has An Annual Growth Rate Of 5 Percent Per Year. It Is Estimated That the Population In The Year 2000 Was 28400. (a) Find

What Is An Example Of Appropriate Language For An Essay About Global Warming? O Global Warming Is Beginning To Change Weather Patterns Throughout The World.O Pl

SPANISH PPL HELP ME PLS Lma0 I Only Rlly Know اردو Complete The Sentence With The Correct Conjugation Depending On The Cue: Yo Creo Que Ella ____________ 15 Año

PLEASE HELP 100 PTS - Use The Information From Your Production Possibilities Schedule To Create Your Production Possibilities Curve By Filling In The Following

I Really Need Some Help On This Question

HELP SOLVE THANK YOU!

How Can You Use Your Experiences In Your Oral Report? Select All That Apply. to Support Your Main Ideas. to Interest Your Audience In Your Topic. to Give More I

Find Out And Discuss Drawbacks That Campaigners Should Avoid In Order To Run A Successful Social Media Campaign Against Human Rights Violation

1. 5.8g Of Lithium Bromide Is Dissolved In Water To Make A 270 L Solution. Express The Concentration In Ppm.