adam8784 adam8784

22-02-2022
Mathematics

contestada

What is the total amount that Matthew’s bank will receive after lending him$8,000 for four years at an interest rate of 6 percent, compounded annually?

Respuesta :

lunaperezz1 lunaperezz1

22-02-2022

It would be $10,099.82
A=8000(1+0.06/1)^4•1

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