Register

Gene invested $400 at 4% interest compounded quarterly. How much is in the account after 1 year?

Gene invested $400 at 4% interest compounded quarterly. How much is in the account after 1 year?
57.4k views
0 votes
Gene invested $400 at 4% interest compounded quarterly.

How much is in the account after 1 year?

Gene invested $400 at 4% interest compounded quarterly. How much is in the account-example-1
User Paul Rouleau
by
7.8k points

1 Answer

6 votes

Answer:

$416.24

Explanation:

User Dawood Awan
by
8.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!