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Gnoma [55]
3 years ago
7

INVESTMENTS Determine the amount of an investment if $1000 is invested at an interest rate of 8% compounded quarterly for 2 year

s.
a) $1160.00
b) $1171.66
c) $1040.40
d) $1166.40
Mathematics
1 answer:
ICE Princess25 [194]3 years ago
6 0

Answer:

the answer is 160.....that is the answer

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yan [13]

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<h2> 105 tickets</h2>

Step-by-step explanation:

To solve this problem we need to model an equation to represent the situation first.

the goal is to archive $7500 in the even, bearing in mind that there is a cost of $375 fee for rent, we need to put this amount into consideration

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