SOLUTION: 11000 at 8% compounded by quarterly for 3/4 year
Algebra.Com
Question 954433: 11000 at 8% compounded by quarterly for 3/4 year
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Here's a similar problem.
========================
1430 at 8% compounded by quarterly for 5 years
-----------
5 yrs = 20 quarters
8%/yr = 2% per quarter
-----
--> 1430*(1.02)^20
RELATED QUESTIONS
1430 at 8% compounded by quarterly for 5... (answered by Alan3354,hemu_da)
If I invest 11000 dollars for 5 years at 11% compounded quarterly, how much would i... (answered by Nate)
Jack invested $1250 at 4% compounded semi-annually for 3 years. He then reinvested at 6%... (answered by josgarithmetic)
What is the interest for year 1 of $76,000 CD at 4% year, compounded... (answered by rfer)
I borrowed $400.00 for 1 year at 8% interest compounded quarterly. What is the compound... (answered by rfer)
how much money will there be in an account at the end of 10 years if $11000 is deposited... (answered by rfer)
how much money will there be in an account at the end of 7 years if $11000 is deposited... (answered by nerdybill)
$11000 at 5% compounded semiannually for 7... (answered by tommyt3rd)
What is the present value of a 2-year deferred annuity at 4% interest compounded... (answered by CPhill)