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Niklas is going to invest in an account paying an interest rate of 3.2% compounded quarterly. How much would he need to invest, to the nearest dollar, for the value of the account to reach $5,000 in 8
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Niklas is going to invest in an account paying an interest

rate of 3.2% compounded quarterly. How much would he
need to invest, to the nearest dollar, for the value of the
account to reach $5,000 in 8 years?

User Sigma Octantis
by
6.0k points

1 Answer

5 votes

Answer:

Multiply it you will get it its simple

Explanation:

User Hardik Pithva
by
5.9k points
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