Mathematics, 26.04.2020 05:47 robert7248

In the formula
A(t) = P ( 1 + r/n)^nt for compound interest, the letters P, r, n, and t stand for , , and , respectively, and A(t) stands for . So if $100 is invested at an interest rate of 6% compounded quarterly, then the amount after 5 years is $ . (Round your answer to the nearest cent.)

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In the formula
A(t) = P ( 1 + r/n)^nt for compound interest, the letters P, r, n, and t stand...

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In the formula A(t) = P ( 1 + r/n)^nt for compound interest, the letters P, r, n, and t stand for , , and , respectively, and A(t) stands for . So if $100 is invested at an interest rate of 6% compounded quarterly, then the amount after 5 years is $ . (Round your answer to the nearest cent.)

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In the formula
A(t) = P ( 1 + r/n)^nt for compound interest, the letters P, r, n, and t stand for , , and , respectively, and A(t) stands for . So if $100 is invested at an interest rate of 6% compounded quarterly, then the amount after 5 years is $ . (Round your answer to the nearest cent.)