SOLUTION: 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.
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. Answer by josgarithmetic(39623) (Show Source):