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Mark invested 50,000 at 12% compounded quarterly. how much will it amount to after 5 years? ​

Answers

  • Réponse publiée par: 20201947

    90,305.56173

    Step-by-step explanation: P= 50,000  

    i= 0.03

    J=12% or 0.12

    m=4

    n=20

    T=5

    A=?

    A=P(1+i)^n

    A= 50,000 (1+0.03)^20

    A= 50,000 (1.806111235)

    A=90,305.56173

  • Réponse publiée par: cyrilc310
    Six million, nine hundred thousand and three hundred twelve.

    6, 900, 312
  • Réponse publiée par: ShairaGailSanchez

    answer:

    840

    step-by-step explanation:

    prime factorization of the numbers:

    2 = 2

    3 = 3

    4 = 2 × 2

    6 = 2 × 3

    8 = 2 × 2 × 2

    21 = 3 × 7

    60 = 2 × 2 × 3 × 5

    = 2 × 2 × 2 × 3 × 5 × 7

    = 840

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Mark invested 50,000 at 12% compounded quarterly. how much will it amount to after 5 years? ​...