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Asked by tota

Brianna invests $3,500, at 12% interest, compounded quarterly for 1 year. Manually calculate the compound interest for this investment.
11 years ago

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Answered by Steve
3500((1+.12/4)^4 - 1) = 439.28
11 years ago
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Brianna invests $3,500, at 12% interest, compounded quarterly for 1 year. Manually calculate the compound interest for this investment.

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