kristyrios79 kristyrios79
  • 13-05-2017
  • Mathematics
contestada

$10,000 is invested at an annual percentage rate of 7.5% compounded quarterly.
(a) How much is the investment worth after 5 years?
(b) How much interest has accrued at the end of 5 years?

Respuesta :

giannysmiley
giannysmiley giannysmiley
  • 13-05-2017
a) 10,000(1+.075)^1(5) = 14,356.29
b) i dont know sorry
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