umairtahir0 umairtahir0

04-07-2017
Mathematics

contestada

If $1500 is invested at an interest rate of 4.75% per year, compounded quarterly, find the value of the investment after the given
number of years.

Respuesta :

Аноним Аноним

04-07-2017

after n years the amount = 1500(1 + (0.0475/4)^4n

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