Find the amount of money (Future Value) in an account where $1,300 is deposited (Present Value) at an interest rate of 4% per year compounded quarterly (4 times per year) and the money is left in the account for 9 years. The final amount is $ Round your answer to 2 decimal places
Find the amount of money (Future Value) in an account where $1,300 is deposited (Present Value) at an interest rate of 4% per year compounded quarterly (4 times per year) and the money is left in the account for 9 years. The final amount is $ Round your answer to 2 decimal places
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 8P
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