Question 434949: What will be the future value in a year if $600 is invested at a rate of 15% compounded quarterly Found 2 solutions by mananth, amalm06:Answer by mananth(16946) (Show Source):
You can put this solution on YOUR website! Principal P = 600
Amount= A
years=n 1
compounded 4 times a year
Rate = 15.00 0.04
Amount = P*((n+r)/n)^n