DanaRoz1784 DanaRoz1784
  • 14-03-2021
  • Mathematics
contestada

Robert invested $10,000 for 30 years at a 4% interest rate compounded quarterly. How much money will he have after 30 years?

Respuesta :

clarch19
clarch19 clarch19
  • 14-03-2021

Answer:

$33,003.87

Step-by-step explanation:

A = 10,000(1 + [tex]\frac{.04}{4}[/tex])^30·4

A = 33,003.87

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