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Schach [20]
3 years ago
7

If $1500 is invested at an interest rate of 4.75% per year, compounded quarterly, find the value of the investment after the giv

en
number of years.
Mathematics
1 answer:
Burka [1]3 years ago
7 0
After n years the amount = 1500(1 + (0.0475/4)^4n
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