SOLUTION: Please help me solve this: $1000 compounded quarterly at 9% for 20 years.

SOLUTION: Please help me solve this: $1000 compounded quarterly at 9% for 20 years.

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Question 625143: Please help me solve this: $1000 compounded quarterly at 9% for 20 years.
Answer by oscargut(2103) (Show Source): You can put this solution on YOUR website!
A= 1000(1+0.09/4)^80 = 5930.15 (rounded to the nearest cent)
If you have any doubt or if you have more problems my e-mail is:
mthman@gmail.com
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