Mathematics, 29.05.2020 06:58 nauticatyson9

INVESTMENTS Determine the amount of an investment if $1000 is invested at an interest rate of 8% compounded quarterly for 2 years.
a) $1160.00
b) $1171.66
c) $1040.40
d) $1166.40

Answers: 2

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More questions: Mathematics Another questions

INVESTMENTS Determine the amount of an investment if $1000 is invested at an interest rate of 8% compounded quarterly for 2 years. a) $1160.00 b) $1171.66 c) $1040.40 d) $1166.40

Answers

Another question on Mathematics

INVESTMENTS Determine the amount of an investment if $1000 is invested at an interest rate of 8% compounded quarterly for 2 years.
a) $1160.00
b) $1171.66
c) $1040.40
d) $1166.40