maddielarman8634 maddielarman8634

27-05-2024
Mathematics

Answered

The compound interest formula states that if p dollars are invested at an annual interest rate of r, compounded n times per year, then a, the amount of money present after t years, is given by a=p(1 rn)nt . if $14,500 is invested at 8% compounded quarterly, how much will this investment be worth in 18 years?

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