mdbar321 mdbar321

19-03-2020
Mathematics

contestada

If you invest $3,000 in an account where interest is compounded quarterly at 2.5%, how much will be in the account after 18 years? *
5 points
$8933.92
$4704.94
$3356.04
$4698.35

Respuesta :

amna04352 amna04352

19-03-2020

Answer:

$4698.35

Step-by-step explanation:

18×4 = 72

3000(1 + 0.025/4)⁷²

= 4698.35229

Answer Link

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