Find the balance in the account.
$2,500 principal earning 4%, compounded quarterly, after 4 years
2 answers
2500(1+.04/4)^(4*4) = 2931.45
what is
2500(1.01)^16 ?
2500(1.01)^16 ?
$2,500 principal earning 4%, compounded quarterly, after 4 years
2 answers