Haileystdd8030 Haileystdd8030
  • 12-10-2018
  • Mathematics
contestada

The basic equation for calculating compound interest is A=P(1+r/n)^(nt). If 1400 is inve if 1400 is inverested at an interest rate of 6% per year, compounded quarterly, how much will the investment be worth at the end of 10 years?

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Аноним Аноним
  • 17-10-2018

Answer:

2539.63

Step-by-step explanation:

A = 1400(1 + 0.06/4)^(4*10)

 =  2539.63

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