Register
An investment of $8,120 is earning interest at the rate of 5.8% compounded quarterly over 11 years. How much interest is earned on the investment? Show your work.
162k views
5 votes
An investment of $8,120 is earning interest at the rate of 5.8% compounded quarterly over 11 years. How much

interest is earned on the investment? Show your work.

User Tulleb
by
7.8k points

1 Answer

4 votes

Answer:

5180.56 Dollars...........

User Hamster Ham
by
6.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.6m questions

11.2m 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!