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
1 answer
A = 200 * 1.082431 = $216.49.
$200 amount to?
(a) $ 126.82 (b) $ 101.46 (c) $ 216.49 (d) $ 380.47 (e) $ 250.00
1 answer