SOLUTION: $2000 for 3 years at 4% componded quarterly

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Question 902183: $2000 for 3 years at 4% componded quarterly
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
In General A%28t%29+=+P%281%2Br%2Fn%29%5E%28nt%29
A = Accumulated Amount
P= principal = $2000
r= annual rate = .04
n= periods per year = 4
t= years = 3
A%28t%29+=+2000%281.01%29%5E%2812%29