Register
Isabella invests $8000 for 3 years in an account that pays interest at a rate of 4% p.a. compounded quarterly. If inflation averages 1.9% per year during those three years, find the real value of Isabella’s
52.9k views
4 votes
Isabella invests $8000 for 3 years in an account that pays interest at a rate of 4% p.a. compounded quarterly. If inflation averages 1.9% per year during those three years, find the real value of Isabella’s investment.

User Boogz
by
7.2k points

2 Answers

5 votes
The correct answer is 5
User KSA
by
6.7k points
3 votes

Answer:

5

Explanation:

User PlausibleSarge
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.0m questions

10.7m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!