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ANSWER PLEASE Tyler Deposits 2000 with 8% interest compounded quarterly how much will he have in his account after a year? I need the Principal Quarterly!!

ANSWER PLEASE Tyler Deposits 2000 with 8% interest compounded quarterly how much will he have in his account after a year? I need the Principal Quarterly!!
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ANSWER PLEASE Tyler Deposits 2000 with 8% interest compounded quarterly how much will he have in his account after a year? I need the Principal Quarterly!!

asked
User Niall Douglas
by
7.9k points

1 Answer

6 votes

Answer:

2164.86432

Explanation:

2000(1+(.08/4))^4

2164.86

answered
User Matthieu Rouget
by
8.2k points
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