document.write( "Question 747362: Steve has $4,000 to invest for a period of 2 years to buy a boat after the two years. His bank is offering a 2 year CD at 4.5% compounded quarterly. What would the value of his investment be after the 2 years?\r
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document.write( "Just set me up with a proper formula and I can get it from there, thankyou \n" );
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Algebra.Com's Answer #454915 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! Steve has $4,000 to invest for a period of 2 years to buy a boat after the two years. His bank is offering a 2 year CD at 4.5% compounded quarterly. What would the value of his investment be after the 2 years?\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Just set me up with a proper formula and I can get it from there, thankyou\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Future value of investment, or |