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using the table in your handbook \$6,000 for 6 years at 8 1/2% compounded daily will grow to:
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Asked 9/25/2012 9:25:43 PM
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User: using the table in your handbook \$6,000 for 6 years at 8 1/2% compounded daily will grow to:

Weegy: I do not have your book. Is there a link to it that I could see?
OxTornado007|Points 5508|

User: \$6,000 for 6 years at 8 1/2% compounded daily will grow to

Weegy: \$6,000 for 6 years at 8 1/2% compounded daily will grow to \$9,991.15.
Expert answered|debnjerry|Points 37617|

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the rate used in the table for calculating compound interest is found by: A. annual rate x number of periods B. annual rate x number of times compounded per year C. annual rate divided by number of times compounded per year D. annual rate divided by semiannually E. none
Weegy: c. Annual rate divided by number of times compounded per year User: the interest on \$6,000 at 6 percent compounded semiannually for 8 years is: Weegy: he interest on \$6,000 at 6 percent compounded semiannually for 8 years is \$101760. User: the effective rate(APY) is: A.the normal rate B. the stated rate C. true semiannual rate D. true annual rate E. none Weegy: D. true annual rate. Annual percentage yield (APY): The effective, or true annual rate of return. (More)
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Expert Answered
Asked 9/25/2012 9:15:30 PM
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