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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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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:))

User Lee Hesselden
by
8.5k points

2 Answers

8 votes
I think the answer is “C”
User Runner Bean
by
7.8k points
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
User Shampoo
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8.4k points
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