This morning, TL Trucking invested $75,000 to help fund a company expansion project planned for 4 years from now. How much additional money will the firm have 4 years from now if it can earn 5 percent rather than 4 percent on its savings?

Additional money, the firm have 4 years from now if it can earn 5 percent rather than 4 percent on its savings will be $3,423.

Explanation:

Principal Amount = P = $75,000

Number of year = n = 4 years

If rate of return is 4%

A  = P ( 1 + r )^n

A = $75,000 ( 1 + 0.04 )^4

A = $75,000 x 1.16986

A = $87,740

If rate of return is 5%

A  = P ( 1 + r )^n

A = $75,000 ( 1 + 0.05 )^4

A = $75,000 x 1.21551

A = $91,163

Additional Amount Earned = $91,163 - $87,740 = $3,423

explanation: i am going to tell you a lie dont know i just wanted to answer lol

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.