Asked by Edith Rose A. Ecat
Find the amount to which P 1,500.00 will grow if deposit in a bank at 5.75% interest compounded quarterly for 5 years .Give an exponential model of the given problem . What is the accumulated amount after 10 years?
Answers
Answered by
oobleck
1500(1 + 0.0575/4)^(4*5) = _____
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