At the end of a 10-year term, what is the balance of a $3,000 investment at a rate of 1.5 percent compounded quarterly? $3,485 $3,675 $3,751 $3,900

asked Sep 17, 2022 58.9k views

5 votes

At the end of a 10-year term, what is the balance of a $3,000 investment at a rate of 1.5 percent compounded quarterly?

$3,485
$3,675
$3,751
$3,900

by Sanil

6.9k points

Please log in or register to add a comment.

0 votes

I got $3485 and got it right

Eilistraee answered Sep 24, 2022

7.2k points

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

7.5m questions

10.1m answers