Calculate the Final Value of the Following Equation$10,200\left[\frac{\left(1+\frac{.15}{4}\right)^{6}-1}{\frac{.15}{4}}\right]$ A) 23,84135
B) 42,514

Question

Calculate the Final Value of the Following Equation$10,200\left[\frac{\left(1+\frac{.15}{4}\right)^{6}-1}{\frac{.15}{4}}\right]$ A) 23,84135 
B) 42,514

Examlex · Accepted Answer

The Answer of Calculate the Final Value of the Following Equation$10,200\left[\frac{\left(1+\frac{.15}{4}\right)^{6}-1}{\frac{.15}{4}}\right]$ A) 23,84135 
B) 42,514

Calculate the Final Value of the Following Equation $10,200\left[\frac{\left(1+\frac{.15}{4}\right)^{6}-1}{\frac{.15}{4}}\right]$ A) 23,84135
B) 42,514

Definitions:

Calculate the Final Value of the Following Equation 10,200[(1+.154)6−1.154]10,200\left[\frac{\left(1+\frac{.15}{4}\right)^{6}-1}{\frac{.15}{4}}\right]10,200[4.15​(1+4.15​)6−1​] A) 23,84135 B) 42,514

Definitions:

Calculate the Final Value of the Following Equation $10,200\left[\frac{\left(1+\frac{.15}{4}\right)^{6}-1}{\frac{.15}{4}}\right]$ A) 23,84135
B) 42,514