9) Felipe Rivera's savings account has a balance of $402. After 6 years what will the amount of interest 9) be at 1.8% compounded A) $36.74 C) $45.74 D) $3.62 quarterly? B) $50.74

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter5: Probability: An Introduction To Modeling Uncertainty
Section: Chapter Questions
Problem 19P
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Subject: accounting 

Use a table or formula to solve the problem.
Future Value or Compound Am
Perid
4
L 1.0 2.00
1.00500 101000 101500 10000 102500 63000 104000 10000
10000 10000 103 10400 100 10000 108160 110256
3 101300 103030 104562 108121 1100273 11340 LITM)
4 183011 1.04060 106138 1.024 L 1155 1100
1.02523 105102 1877 13040 L141 LIZ
12
z
F
2
T
30
11
12
13
6
C
22
24
KARAMAR
30
ST
23
€2
27
#
prend and org
1
120009
1.31503
WITT
TARFSE
GOOGET
0001
QULEET UNE
SOALET SAMLET
ACCE
1
EXTRET SOMET LET VICES HOT S
WHET GET HET PECAT essent
WICE THIET WILLET HET WIDT 140901
POT PONCT 604TT GOTT WO
SEMCT BOOBET MET HOPET POT PETST
SHEST CHET CIET LECTUALET TET ONSO
CRICT 290411 CHCET 201
T SHIFT RETT 60901
SIET SCIEET DOT CELOT
GIOVET BALLOT
COMEY MECHE SONCE LECTE MORT HOT HOT BUZZET MINCT BIZLET LOCO'
1010W 1
H
LIHT GRET
Line
THOEPT CONT
30
17 1084 1.1840 128802 1.40024 1.52142 145285 1.94700 129202 2.8277 1.70002 05447
28
10
20
WSYLLY ARET
1.300 LTM 1.HE
1.0333
111042 123330 134706 151567 147958 1.86020 2.27877 278306 3.30056
1.11597 1.54472 1.38756 154308 172137 191610 236092 292126 3.60154 543854
112195 125716 1.40838 157600 1.76461 197359 246472122130
✔ 117716 1.28973 143950
1.60844
ESTUDE
KOTT COURT T
SOLLTE MET HOOK
PLEASE CONSTZ 50
CLESEC WHITE C
DREEE CHRIST CO
LEESIVE
OLACY
WELT GETT ENCONT
106507
299719
144830 1.55797 1.80004 2.07993 239656 317217 417225
151259 173168 97003 2300
TOGE'S COST HOSE PONT ECCOT DONT ST SOROT MELDET STREET SCOOT
TOSTED AESTED ODSTOT SOEST SOLE EST ST TOT SONCET 11 000
ED SHONY PLOCE OCESE BEZ ORT ET SONCE OCET ET
me
MATTH
740025
334027
072 107153 181975 587146 895430
180473 2013279 2.56330 322510 400 43
400 4301 13075
INCEST SHOES CRACY SEPICE HOSOVE SLEBO MESHT 1909 SOOSYT OCKCT ONCETT
113048 1.29136 147271 187342 190029 215859 277247 355567 454038 73635 1191818
SET EL SECCE SHELLE LEERT BETEET OBLIST CT ORT ZOET STO
OCH TILES WILL HELMET ELECT 009661 COINCT CELIST COTT
HOEVEST COLTES OCRINSPIRED SPOTLY LOOSET DRHOT MOSLET BEST OSHEET STY
OPOWYLE WCHO OF SHES MOLLEY CHOICE SUNT SUBOT PETET BORST SEPET OPERET
9) Felipe Rivera's savings account has a balance of $402. After 6 years what will the amount of interest 9)
be at 1.8% compounded quarterly?
A) $36.74
B) $50.74
C) $45.74
D) $3.62
Transcribed Image Text:Use a table or formula to solve the problem. Future Value or Compound Am Perid 4 L 1.0 2.00 1.00500 101000 101500 10000 102500 63000 104000 10000 10000 10000 103 10400 100 10000 108160 110256 3 101300 103030 104562 108121 1100273 11340 LITM) 4 183011 1.04060 106138 1.024 L 1155 1100 1.02523 105102 1877 13040 L141 LIZ 12 z F 2 T 30 11 12 13 6 C 22 24 KARAMAR 30 ST 23 €2 27 # prend and org 1 120009 1.31503 WITT TARFSE GOOGET 0001 QULEET UNE SOALET SAMLET ACCE 1 EXTRET SOMET LET VICES HOT S WHET GET HET PECAT essent WICE THIET WILLET HET WIDT 140901 POT PONCT 604TT GOTT WO SEMCT BOOBET MET HOPET POT PETST SHEST CHET CIET LECTUALET TET ONSO CRICT 290411 CHCET 201 T SHIFT RETT 60901 SIET SCIEET DOT CELOT GIOVET BALLOT COMEY MECHE SONCE LECTE MORT HOT HOT BUZZET MINCT BIZLET LOCO' 1010W 1 H LIHT GRET Line THOEPT CONT 30 17 1084 1.1840 128802 1.40024 1.52142 145285 1.94700 129202 2.8277 1.70002 05447 28 10 20 WSYLLY ARET 1.300 LTM 1.HE 1.0333 111042 123330 134706 151567 147958 1.86020 2.27877 278306 3.30056 1.11597 1.54472 1.38756 154308 172137 191610 236092 292126 3.60154 543854 112195 125716 1.40838 157600 1.76461 197359 246472122130 ✔ 117716 1.28973 143950 1.60844 ESTUDE KOTT COURT T SOLLTE MET HOOK PLEASE CONSTZ 50 CLESEC WHITE C DREEE CHRIST CO LEESIVE OLACY WELT GETT ENCONT 106507 299719 144830 1.55797 1.80004 2.07993 239656 317217 417225 151259 173168 97003 2300 TOGE'S COST HOSE PONT ECCOT DONT ST SOROT MELDET STREET SCOOT TOSTED AESTED ODSTOT SOEST SOLE EST ST TOT SONCET 11 000 ED SHONY PLOCE OCESE BEZ ORT ET SONCE OCET ET me MATTH 740025 334027 072 107153 181975 587146 895430 180473 2013279 2.56330 322510 400 43 400 4301 13075 INCEST SHOES CRACY SEPICE HOSOVE SLEBO MESHT 1909 SOOSYT OCKCT ONCETT 113048 1.29136 147271 187342 190029 215859 277247 355567 454038 73635 1191818 SET EL SECCE SHELLE LEERT BETEET OBLIST CT ORT ZOET STO OCH TILES WILL HELMET ELECT 009661 COINCT CELIST COTT HOEVEST COLTES OCRINSPIRED SPOTLY LOOSET DRHOT MOSLET BEST OSHEET STY OPOWYLE WCHO OF SHES MOLLEY CHOICE SUNT SUBOT PETET BORST SEPET OPERET 9) Felipe Rivera's savings account has a balance of $402. After 6 years what will the amount of interest 9) be at 1.8% compounded quarterly? A) $36.74 B) $50.74 C) $45.74 D) $3.62
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