SOLUTION: How much is 8 million dollars at 10% compounded every 90 days after 2 years

SOLUTION: How much is 8 million dollars at 10% compounded every 90 days after 2 years

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Question 673691: How much is 8 million dollars at 10% compounded every 90 days after 2 years
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=8000000(1+0.10/4)^4*2
A=8000000(1.025)^8
A=8000000*1.2184
A=$9747200.00
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