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Asked by brittany

$2700 at 9% interest compounded quarterlyfor 4 years
15 years ago

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Answered by drwls
That is 16 interest payments of 9%/4 = 2.25%.

2700*(1.0225)^16 = 3854.58
15 years ago
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$2700 at 9% interest compounded quarterlyfor 4 years

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