SOLUTION: If 28300 dollars is invested at an interest rate of 9 percent per year, find the value of the investment at the end of 5 years for the following compounding method, to the nearest

Question 1204720: If 28300 dollars is invested at an interest rate of 9 percent per year, find the value of the investment at the end of 5 years for the following compounding method, to the nearest cent
Found 2 solutions by math_tutor2020, ikleyn:
Answer by math_tutor2020(3817) (Show Source): You can put this solution on YOUR website!

You mentioned "following compounding method", but didn't provide the compounding frequency.

Answer by ikleyn(52810) (Show Source): You can put this solution on YOUR website!
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If your post contains the words "the following", it means that something must follow.

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