Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. what are the future value and the interest earned

What are the future value and the interest earned if 3600 is invested for 6...

50.1K

Verified Solution

Question

Basic Math

image

What are the future value and the interest earned if 3600 is invested for 6 years at 8 compounded quarterly Round your answers to the nearest cent future value interest earned

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

What are the future value and the interest earned if 3600 is invested for 6 years at 8 compounded quarterly Round your answers to the nearest cent future value interest earned

Other questions asked by students

Q

CHART OF ACCOUNTSBeartooth Co.General LedgerASSETS110Cash120Accounts Receivable125Notes Receivable130Inventory...CHART OF ACCOUNTSBeartooth Co.General LedgerASSETS110Cash120Accounts Receivable125Notes Receivable130Inventory131Estimated Returns...

Accounting
Q

The Centers for Disease Control and Prevention Office on Smoking and Health (OSH) is the lead...

Statistics
Q

A compound with molecular mass = 292.16 g/mol was dissolved in a 5.000 mL volumetric flask....

Chemistry
Q

14 An electron is projected with uniform velocity along the axis of a current carrying...

Physics
Q

Zeith needs to buy tabric to make this Bag He will sew the white cross...

Geometry
Q

Put the quadratic into vertex form and state the coordinates of the vertex.y = x...

Basic Math
Q

An oil renery has decided to purchase some new drilling equipment for $550,000. The equipment...

Accounting
Q

Employee Net Pay all earnings, what is Inverness's net pay? If required, round your answer...

Accounting
Q

Prepare a post-closing trial balance. PASTINA COMPANY Post-Closing Trial Balance December 31, 2024 \begin{tabular}{|l|l|l|} \hline...

Accounting
Q

Intemedate Accounting I(ACC310 Assignment Q1 (5 Marks) 1-Plant assets may properly include a. deposits on...

Accounting
Q

The MEP company has issued 5,130,000 new shares. Its investment bank agrees to underwrite these...

Accounting
Q

Un hombre invierte ahora 10.000 pesos para la educacin universitaria de su hijo de 2...

Accounting