SOLUTION: Brianna invests $4,000, at 8% interest, compounded quarterly for 11 years. Calculate the compound amount for her investment. $___________ __

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Question 977758: Brianna invests $4,000, at 8% interest, compounded quarterly for 11 years. Calculate the compound amount for her investment.
$______________
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
Total=P{1+ (.08/4)}^44;;divide the total interest rate, and then compound it 44 times.
=4000*(2.39005)=$9560.21;;round only at the end.