How much money will you have in 8 years if you invest $4000 at 2% compounded quarterly

asked Nov 2, 2023 121k views

9 votes

7.7k points

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2 votes

Answer:

$4686.64

Explanation:

here is the function 4000(1+0.02)^8

Monee answered Nov 4, 2023

by Monee

8.0k points

8 votes

Answer:

If you invest $4000 at 2% compounded quarterly you will make 4,694$.

Explanation:

MortenB answered Nov 7, 2023

7.1k points

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