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Find the accumulated value of an investment of $1,400 at 8% compounded quarterly for 4 years.

Find the accumulated value of an investment of $1,400 at 8% compounded quarterly for 4 years.
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1 vote
Find the accumulated value of an investment of $1,400 at 8% compounded quarterly for 4 years.

User MarkF
by
7.7k points

1 Answer

1 vote

Answer:

448

Explanation:

I= PRT/100

I= 1400x8x4=44800/100= $448

User Huy Duong Tu
by
7.6k points
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