SOLUTION: find the amount the results from the given investment 600 invested at 12% compound quarterly after a period of four years
after four years the investment result in $ .....
Algebra.Com
Question 1171490: find the amount the results from the given investment 600 invested at 12% compound quarterly after a period of four years
after four years the investment result in $ .....
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
This is A=600(1+(0.12/4))^16, the 16 being 16 times compounding occurs.
this is 600(1.03^16) round at end
=$962.82
RELATED QUESTIONS
$480 invested at 10% of compound quarterly after a period of 8 years. Find the amount... (answered by JBarnum,MathTherapy)
Find the amount that results from the investment.
$480 invested at 10% compounded... (answered by mananth)
Find the amount that results from the investment.
$12,000 invested at 11% compounded... (answered by mananth)
Find the amount that results from the investment.
$480 invested at 16% compounded... (answered by addingup)
$480 invested at 10% compounded quarterly after a period of 8 years. Find the amount that (answered by rfer)
Find the amount that results from the given investment.
$200.00 invested at 10%... (answered by mathmate)
Find the amount that results from the given investment.
$200.00 invested at 6%... (answered by mathmate)
Find the amount that results from the given investment.
$400 invested at 4%... (answered by josgarithmetic)
Find the amount that results from the given investment.
$50 invested at 7%... (answered by Boreal)