Find the amount that results from the investment 480 investe

Find the amount that results from the investment. $480 invested at 6% compounded quarterly after a period of 6 years $676.02 $680.89 $206.16 $686.16

Solution

44)log(x+10)=1+log(4x-3)

log(x+10)-log(4x-3)=1

log((x+10)/(4x-3))=1

((x+10)/(4x-3))=10¹

((x+10)/(4x-3))=10

(x+10)=10(4x-3)

x+10=40x-30

40x-x=10+30

39x=40

x=40/39

B){40/39}

45)A=P(1+(r/n))^nt

P=480,r=6%=0.06, n=4, t =6

A=480(1+(0.06/4))^4*6

A=480(1+(0.015))²⁴

A=480(1.015)²⁴

A=686.16 $

amount that results =686.16$