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
8.3k points

2 Answers

5 votes
The correct answer is 5
User KSA
by
7.8k points
3 votes

Answer:

5

Explanation:

User PlausibleSarge
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
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
Link Copied!