Find the final balance on $130 invested at an annual rate of 9.4% compounded quarterly for 2 years. A. $158.44 B. $156.55 C. $154.44 D. $152.22 please hurry it’s for a test:))

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asked May 5, 2022 58.5k views

9 votes

Find the final balance on $130 invested at an annual rate of 9.4% compounded

quarterly for 2 years.

A. $158.44
B. $156.55
C. $154.44
D. $152.22

please hurry it’s for a test:))

Mathematics
high-school

Lee Hesselden asked

by Lee Hesselden

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2 Answers

8 votes

I think the answer is “C”

Runner Bean answered May 6, 2022

by Runner Bean

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9 votes

Answer:

i remember this hope this helps you ok

Find the final balance on $130 invested at an annual rate of 9.4% compounded quarterly-example-1

Shampoo answered May 12, 2022

by Shampoo

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