document.write( "Question 1192354: Find the balance of the account after;
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document.write( "2 years if K3000 is invested at 8% per annum.interest compounded quarterly \n" );
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Algebra.Com's Answer #824269 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! Find the balance of the account after; \n" ); document.write( "2 years if K3000 is invested at 8% per annum.interest compounded quarterly \n" ); document.write( "------------------ \n" ); document.write( "2 years = 8 quarters \n" ); document.write( "8%/yr = 2% per quarter \n" ); document.write( "------------- \n" ); document.write( "FV = 3000*(1 + 0.02)^8 \n" ); document.write( " |