Asked by kabelo

a client invests 100 000 with an interest rate of 8% with quarterly compound what will the interest be after a year

8 years ago

Answered by Scott

100000 [1 + (.08 / 4)]^4

8 years ago

Answered by Scott

100000 [1 + (.08 / 4)]^4 ... total

subtract 100000 to find interest

8 years ago

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