2 years ago

You invest $500 in an account that has a annual interest rate of 5%, compounded quarterly for four

Mathematics

1 answer:

Fudgin [204]2 years ago

8 0

Answer:

Step-by-step explanation:

If it is compounded quarterly, that's 4 times a year.

If you do this for 4 years that's 4×4.

That would be 16.

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