Asked by Jack
Suppose $1.00 amounts to 1.082431 at 8 % compounded quarterly. How much does
$200 amount to?
(a) $ 126.82 (b) $ 101.46 (c) $ 216.49 (d) $ 380.47 (e) $ 250.00
$200 amount to?
(a) $ 126.82 (b) $ 101.46 (c) $ 216.49 (d) $ 380.47 (e) $ 250.00
Answers
Answered by
Kelsey
a=P(1+(r/n))^nt
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