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Find the maturity value and amount of interest on an investment of $1,150 invested for 4 year at 1.5%

Find the maturity value and amount of interest on an investment of $1,150 invested for 4 year at 1.5%
asked 195k views
2 votes
find the maturity value and amount of interest on an investment of $1,150 invested for 4 year at 1.5%

asked
User Koregan
by
8.1k points

1 Answer

4 votes
Monthly In 4 years, you will have $1,592.70
Quarterly in 4 years, you will have $1,592.58

If you need the formula, let me know.

answered
User Charlycou
by
8.4k points
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