195k views
2 votes
find the maturity value and amount of interest on an investment of $1,150 invested for 4 year at 1.5%

User Koregan
by
5.9k points

1 Answer

4 votes
Monthly In 4 years, you will have $1,592.70
Quarterly in 4 years, you will have $1,592.58

If you need the formula, let me know.

User Charlycou
by
6.5k points