SOLUTION: The amount of 12, 800 pesos in 4 years at 5% compounded quarterly is:

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Question 1184594: The amount of 12, 800 pesos in 4 years at 5% compounded quarterly is:
Answer by ikleyn(52879) About Me  (Show Source):
You can put this solution on YOUR website!
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It is  12800%2A%281%2B0.05%2F4%29%5E%284%2A4%29 = 12800%2A1.0125%5E16.


Use your calculator.

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To see many other similar  (and different)  solved problems on compounded interest accounts,  look into the lesson
    - Compounded interest percentage problems
in this site.


Learn the subject from there.