$4,000 is invested at 3% for 7 years. Find the amount of interest earned if interest is compounded quarterly.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 14PTTS
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terest
Pound interest."
he word problems.
2) $4,000 is invested at 3% for 7 years. Find the
amount of interest earned if interest is
compounded quarterly.
dat
Transcribed Image Text:terest Pound interest." he word problems. 2) $4,000 is invested at 3% for 7 years. Find the amount of interest earned if interest is compounded quarterly. dat
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