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$500 principal earning 4% compounded quarterly, after 6 years?
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2 votes
$500 principal earning 4% compounded quarterly, after 6 years?

User Piotr Kuczynski
by
8.6k points

1 Answer

6 votes
Total = 500.00 * (1.04)^6
Total = 632.66

User Tkay
by
8.3k points
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