SOLUTION: $1800 is invested at 6% per year compounded quarterly. The amount obtained after 2 years is
A) 222.72.46
B) $1910.45
C) $2027.69
D) 2868.93
Please show how you got it I don't
Algebra ->
Percentage-and-ratio-word-problems
-> SOLUTION: $1800 is invested at 6% per year compounded quarterly. The amount obtained after 2 years is
A) 222.72.46
B) $1910.45
C) $2027.69
D) 2868.93
Please show how you got it I don't
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Question 493083: $1800 is invested at 6% per year compounded quarterly. The amount obtained after 2 years is
A) 222.72.46
B) $1910.45
C) $2027.69
D) 2868.93
Please show how you got it I don't understand what "compounded quarterly" means and also explain what "Semi-annually" is :s Answer by Gogonati(855) (Show Source):
