3 years ago

Invests $800 into an account with a 2.4% interest rate that is compounded quarterly.

Mathematics

1 answer:

oksano4ka [1.4K]3 years ago

6 0

The equation would be 800(0.24)^x.
x would be 5.
800(1.24)^5
=2345.300
=$2345

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