Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Experience the convenience of finding accurate answers to your questions from knowledgeable professionals on our platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Sandy invest 1500 into an account with 3.5% interest compounded quarterly how much money will be in your account after 8 years

Sagot :

ashish4112119

Answer:

$1983.89

Step-by-step explanation:

P is the principal amount,

r is the interest rate in decimal form

t is the time.

A = P(1 + r/n)^nt

A = 1,500.00(1 + 0.035/12)^(12*8)

cuemath

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.