Mathematics, 08.03.2021 17:40 giavanleer14
3. Use the formula A=P (1+r/n)^nt to find the amount of money you would have after 20 years if you invested $5,000 at 5% compounded quarterly. 4. You invest $2,000 at 8% interest compounded quarterly 40 years before you retire. How much money would you have when you retire? 5. You have $10,000 to put into savings. Bank A will pay 6% per year compounded quarterly. How much money will you have at the and of one year? At the end of two years?
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3. Use the formula A=P (1+r/n)^nt to find the amount of money you would have after 20 years if you i...
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