Ask Question
5 April, 20:18

You invest an initial $1,000 in an account that has an annual interest rate of 2%, compounded quarterly. How much money will you have in the account after 5 years? Round your answer to the nearest whole number

+5
Answers (1)
  1. 5 April, 22:28
    0
    1,400 it will be 20 qrtly making 80 a year time 5 years
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You invest an initial $1,000 in an account that has an annual interest rate of 2%, compounded quarterly. How much money will you have in ...” 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