SOLUTION: Find the balance after 4 years if $12,000 is invested in an account that pays 4% compounded quarterly
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Question 1063722
:
Find the balance after 4 years if $12,000 is invested in an account that pays 4% compounded quarterly
Found 2 solutions by
oscargut, ikleyn
:
Answer by
oscargut(2103)
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Answer: $ 14070.94
You can contact me at my email for details : mthman@gmail.com
Thanks
Answer by
ikleyn(52780)
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put this solution on YOUR website!
.
Future value =
= 14070.94 dollars.
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