3 years ago

1 Suppose that $67,000 is invested at 55% interest, compounded quarterly.

Mathematics

1 answer:

Scorpion4ik [409]3 years ago

5 0

There is missing data here. We have the rate and principal amount but no value given in terms of years.

The formula needed is A = p(1 + (r/n))^(nt).

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