cristianrivera31 cristianrivera31

11-04-2018
Mathematics

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

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sqdancefan sqdancefan

11-04-2018

A = P*(1 +r/n)^(nt)
A = 200*(1 +.04/4)^(4*3)
.. = 200*1.01^12
A ≈ 225.37

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