You deposit $8000 into a bank account that has 4% interest compounded QUARTERLY. Determine the amount of money in the bank after 6 years.

$10,157.90

Step-by-step explanation:

We can use the compounded quarterly interest equation for this problem: A = P(1 + r/n)^(nt)

Step 1: Plug in known variables

A = 8000(1 + 0.04/4)^[(4)(6)]

Step 2: Calculate

A = 10157.9

And you have your final answer.

$11111.1

Step-by-step explanation:

I=principal x 100%/r x t

i=8000x100%=800000/12 x 6

I=800000/72=11111.1

step-by-step explanation:

black lol

step-by-step explanation:

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i can tell you jamal now has 3 cookies xd

tommy has 2.

this made me lol.