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.

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asked May 27, 2022 162k views

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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.

Mathematics
college

Tulleb asked

by Tulleb

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Answer:

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

Hamster Ham answered Jun 3, 2022

by Hamster Ham

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