If $1200 is invested for x years at 8%, compounded quarterly, the future value that will result is represented by the following equation. S = 1200(1.02)4x What amount will result in 4 years? (Round your answer to the nearest cent.) $
If $1200 is invested for x years at 8%, compounded quarterly, the future value that will result is represented by the following equation. S = 1200(1.02)4x What amount will result in 4 years? (Round your answer to the nearest cent.) $
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If $1200 is invested for x years at 8%, compounded quarterly, the future value that will result is represented by the following equation.
S = 1200(1.02)4x
What amount will result in 4 years? (Round your answer to the nearest cent.)
$
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