If you invest $1500 in at an interest rate of 7% for 5 years and the interest is compounded quarterly, how much money will you have after the 5 years. Round your answer to the nearest cent.
Not sure if its Interest Compounded k Times per Year formula or Interest Compounded continuously formula
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If you invest $1500 in at an interest rate of 7% for 5 years and the interest is compounded quarterly, how much money will you have after ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
21,000 round to the nearest thousand
Answers (2)
The solution to - 5m = - 20 is negative. True or false
Answers (2)
Determine whether the description corresponds to an observational study or an experiment. Research is conducted to determine if there is a relation between Parkinson's disease and childhood head trauma.
Answers (1)
F (x) = 1/2*-2, what is f (14)
Answers (1)
What is the sum of 3√7 + 5 and 2√7 + 8?
Answers (1)
New Questions in Mathematics
Which is the best description of the graph of the function f (x) = 60 () x? A) The graph has an initial value of 20, and each successive term is determined by subtracting.
Answers (1)
What is 10% of 120? It's hard idk.?
Answers (2)
What is the measure of an angle that turns through 1/3 of a circle
Answers (1)
A tea set was bought for $ 328, if a discount of 12% is offered on the price. Find the price of the tea set.
Answers (1)
Two numbers, 3 and a, have a geometric mean of 9. Find the value of a.
Answers (1)