fuhkkenproz fuhkkenproz
  • 28-03-2017
  • Mathematics
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The desired accumulated amount is $100,000 after 4 years invested in an account with a 4% interest compounded quarterly

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 28-03-2017
A=p(1+i/m)^mn
A=100,000×(1+0.04÷4)^(4×4)
A=117,257.86
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