document.write( "Question 1153998: Suppose that2000 is invested at a rate of 3.2% compounded quarterly. Assuming that no withdrawals are made, find the total amount after 5 years. \n" ); document.write( "
Algebra.Com's Answer #776342 by josgarithmetic(39626) ![]() You can put this solution on YOUR website! Five years of quarterly periods is 20 quarterly periods.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "3.2% per year cut into quarterly portions is 0.8%.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " |