SOLUTION: If I invest $400 at 3% compound quarterly for 4 years how much money will I have?

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Question 242729: If I invest $400 at 3% compound quarterly for 4 years how much money will I have?
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
400(1+.03/4)^4*4
400(1+.0075)^16
400(1.0075)^16
400*1.127=$450.80 ans.