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After eight years what is the total amount of a compound investment of 25,000 at 3% interest compounded quarterly

After eight years what is the total amount of a compound investment of 25,000 at 3% interest compounded quarterly
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After eight years what is the total amount of a compound investment of 25,000 at 3% interest compounded quarterly

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User Anatoly Deyneka
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1 Answer

6 votes
The answer is 750 per year so 6000 in all 8 years
answered
User Christian Dechery
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