hmoney318 hmoney318

23-04-2024
Business

Answered

Given the formula below, find the amount of money accumulated in you invest $50,000 in an account paying 9.1% interest for 20 years compounded quarterly. A space equals space P open parentheses 1 space plus space r over n close parentheses to the power of n t end exponent
1.$127,811.06
2.$253,473.50
3.$302,363.29
4 $208,332.89

Answer :

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