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Suppose $1000 is invested at 8%, compounded quarterly. How much is in the account at the end of 4 years?

Suppose $1000 is invested at 8%, compounded quarterly. How much is in the account at the end of 4 years?
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4 votes
Suppose $1000 is invested at 8%, compounded quarterly. How much is in the account at the end of 4 years?

asked
User Gap
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7.5k points

1 Answer

4 votes
the correct answer is $320
answered
User Jvrmed
by
9.2k points
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