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

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

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

Mathematics
high-school

Sanil asked

by Sanil

8.6k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 votes

I got $3485 and got it right

Eilistraee answered Sep 24, 2022

by Eilistraee

8.7k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked Aug 13, 2020 95.9k views

Suppose you begin a job with an annual salary of $32,900. Each year you are assured of a 5.5% raise. What its the total amount that you can earn in 15 years? A) $34,815 B) $51,751 C) $737,245 D) $1,682,

Butler asked Aug 13, 2020

by Butler

9.0k points

Mathematics
high-school

1 answer

2 votes

95.9k views

asked Jun 7, 2020 222k views

Chris Wenham asked Jun 7, 2020

by Chris Wenham

7.9k points

Mathematics
high-school

1 answer

1 vote

222k views

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

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions