SOLUTION: find the amount the results from the given investment 600 invested at 12% compound quarterly after a period of four years
after four years the investment result in $ .....
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after four years the investment result in $ .....
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Question 1171490: find the amount the results from the given investment 600 invested at 12% compound quarterly after a period of four years
after four years the investment result in $ ..... Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! This is A=600(1+(0.12/4))^16, the 16 being 16 times compounding occurs.
this is 600(1.03^16) round at end
=$962.82
