Answered

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Ahmed invests $1,500 at an interest rate if 4%, compound quarterly. How much is the investment worth at the end of 6 years?

Sagot :

Answer:

1904.60

Step-by-step explanation:

pv=1500

interest=4/4

interest=1

n=6*4

n=24

Fv?

fv=pv(1+r/n)^nt

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