Register

Find the accumulated value of an investment of $1,400 at 8% compounded quarterly for 4 years.

Find the accumulated value of an investment of $1,400 at 8% compounded quarterly for 4 years.
asked 67.4k views
1 vote
Find the accumulated value of an investment of $1,400 at 8% compounded quarterly for 4 years.

asked
User MarkF
by
7.7k points

1 Answer

1 vote

Answer:

448

Explanation:

I= PRT/100

I= 1400x8x4=44800/100= $448

answered
User Huy Duong Tu
by
7.6k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!