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Ariana invests $2,000 at a rate of 6% annual interest compounded quarterly. Approximately how much is Ariana's investment worth in 3 years? I
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3 votes
Ariana invests $2,000 at a rate of 6% annual interest

compounded quarterly. Approximately how much is Ariana's
investment worth in 3 years?
I

User Mikenlanggio
by
7.5k points

1 Answer

6 votes

Explanation:

Compounded quarterly means n=4

Ariana invests $2,000 at a rate of 6% annual interest compounded quarterly. Approximately-example-1
User Beaudetious
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