$1500 is invested Compound A = P(1 O $97879.57 O $1812.51 O $4645.26 O $3197.76

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.2: Exponential Functions
Problem 49E
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$1500 is invested at a rate of 8.5% compounded quarterly. Find the amount of the investment in 9 years?
Compound Interest
A = P(1+ nt
O $97879 57
O $1812.51
O $4645.26
O S3197.76
Transcribed Image Text:$1500 is invested at a rate of 8.5% compounded quarterly. Find the amount of the investment in 9 years? Compound Interest A = P(1+ nt O $97879 57 O $1812.51 O $4645.26 O S3197.76
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