Assume 5000 is deposit in an account that pays 6% annual interest how much more would be in the account after 25 years if it were compounded monthly rather then quarterly

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

case A) compounded monthly

in this problem we have  

substitute in the formula above  

case B) compounded quarterly

in this problem we have  

substitute in the formula above  

Find the difference

1)is not similar since corresponding sides are not in the same ratio

2)are similar since corresponding sides are in the same ratio and corresponding angles are equal

hope it will

#faazmessi

answer: dead jah

step-by-step explanation:

bullet + jah= dead jah