Question:

Suppose that 18 000 is invested at 3 compounded quarterly

Last updated: 8/10/2023

Suppose that 18 000 is invested at 3 compounded quarterly

Suppose that 18 000 is invested at 3 compounded quarterly How much is in the account at the end of 5 years Use the compound interest formula A P1 A P 1 The amount in the account at the end of 5 years is Do not round until the final answer Then round to the nearest cent as needed