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2 years ago

Sandy invest 1500 into an account with 3.5% interest compounded quarterly how much money will be in your account after 8 years

Mathematics

1 answer:

Lemur [1.5K]2 years ago

6 0

Answer:

$1983.89

Step-by-step explanation:

P is the principal amount,

r is the interest rate in decimal form

t is the time.

A = P(1 + r/n)^nt

A = 1,500.00(1 + 0.035/12)^(12*8)

cuemath

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Answer:

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Step-by-step explanation:

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