I WILL GIVE YOU BRAINLIEST!!!!! Jack invests $30,000 with an interest rate of 4.5% compounded quarterly. After 6 years, what is

Question

I WILL GIVE YOU BRAINLIEST!!!!!

Jack invests $30,000 with an interest rate of 4.5% compounded quarterly. After 6 years, what is the total amount of Jack’s investment?

Enter your answer in the box rounded to the nearest cent.

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Huyền Thanh 2 months 2021-07-21T12:29:07+00:00 1 Answers 0 views 0

Answers ( )

    0
    2021-07-21T12:30:18+00:00

    Answer:

    30,324

    Step-by-step explanation:

    30,000 x 4.5 = 135.00

    135.00 x 4 + 540.00 four quarters in a year

    6 years  x 540 = 3,240

    30,000 + 3,240 = 33. 240

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