After 6 years, what is the total amount of a compound interest investment of $35,000 at 4% interest, compounded quarterly?

The amount of investment after 6 years is $ 44439.5

Step-by-step explanation:

Given as :

The principal amount = p = $ 35,000

The rate of interest = r = 4 % compounded quarterly

The time period of loan amount = t = 6 years

Let The Amount after 6 years = $ A

So, From compounded method

Amount = Principal ×

Or, A = P ×

Or, A = $ 35000 ×

or, A = $ 35000 ×

Or, A =  $ 35000 × 1.2697

∴ A = $ 44439.5

So, Amount after 6 years = $ A = $ 44439.5

Hence The amount of investment after 6 years is $ 44439.5  Answer

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step-by-step explanation:

we can use this expression to calculate the energy gain as a particle moves with a field or the energy loss as it moves against it. (note that it is also used to define the electron-volt, a unit of energy equal to that gained by an electron as it falls through a pd of 1 v, i.e. w = 1 ev = 1.6 10-19 c 1 v = 1.6 10-19j).in fact this expression is really nothing more than the statement that potential is the potential energy per unit charge. in this case, v= w/qis simply stating that the change in potential energy(or work done) per unit charge is equal to the change in potential (or potential difference), v.student questions: uniform electric fields2electron beamcathode+5 kvanode0 v