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$700 principle earning 2.25%, compound quarterly, after 6 years

$700 principle earning 2.25%, compound quarterly, after 6 years
asked 185k views
2 votes
$700 principle earning 2.25%, compound quarterly, after 6 years

asked
User Panchu
by
7.3k points

1 Answer

1 vote
Total = 700 * (1.0225)^6
Total = 700 * 1.1428254416
Total = 799.98
answered
User Zapko
by
8.8k points
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