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You have $1200 to invest in an account and need to have $1900 in one year. What interest rate would you need to have in order to reach this goal if the amount is compounded quarterly? PLEASE HELP I NEED
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Jan 13, 2022
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You have $1200 to invest in an account and need to have $1900 in one year. What interest rate would you need to have in order to reach this goal if the amount is compounded quarterly?
PLEASE HELP I NEED THIS
Mathematics
middle-school
Jstaab
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Answer:
14.5825 per quarter
Explanation:
some quick division
Shamina
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Jan 14, 2022
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Shamina
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4
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14.5824 hope u have a nice day
Mike Barwick
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Jan 17, 2022
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