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12 January, 03:27

200 invested at 4 % compounded quarterly after a period of 3 years

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  1. 12 January, 05:17
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    A = P * (1 + r/n) ^ (nt)

    A = 200 * (1 +.04/4) ^ (4*3)

    ... = 200*1.01^12

    A ≈ 225.37
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