Suppose that $2000 is invested at a rate of 3.2%, compounded quarterly. Assuming that no withdrawals are made, find the total amount after 3 years. Round to the nearest cent. (please no links)

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Doug Fir asked Oct 9, 2023

279,837 views

17 votes

Suppose that $2000 is invested at a rate of 3.2%, compounded quarterly. Assuming that no withdrawals are made, find the total amount after 3 years. Round to the nearest cent. (please no links)

Mathematics
high-school

Doug Fir asked Oct 9, 2023

by Doug Fir

2.3k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

12 votes

i got 2198.2 hope to his helps :)

Bill Velasquez answered Oct 12, 2023

by Bill Velasquez

3.1k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

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

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

0 Comments

Your comment on this answer:

Other Questions