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If $1200 is invested at an interest rate of 6.75% per year, compounded quarterly, find the value of the investment after the given number of years. (Round your answers to the nearest cent.) 1 year: 2 years:
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If $1200 is invested at an interest rate of 6.75% per year, compounded quarterly, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)

1 year:
2 years:
8 years:

User CrepuscularV
by
7.2k points

1 Answer

3 votes

Answer:

1

Explanation:

User Jonathan Topf
by
6.1k points
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