SOLUTION: 100 invested at 7% compounded quartely after a period of 2 years?

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Question 373994: 100 invested at 7% compounded quartely after a period of 2 years?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=100(1+0.07/4)^4*2
A=100(1.0175)^8
A=100*1.14888
A=114.89