(1242)
Mathematics, 06.11.2020 19:10 mprjug6
Erin entered the following expression into her graphing calculator.
14800*(1+.04/12)
(1242)
Which of these future values could she have been calculating?
A. The future value of $14,800 invested at 12% interest compounded
semiannually for 4 years.
B. The future value of $14,800 invested at 4% interest compounded
monthly for 2 years
C. The future value of $14,800 invested at 12% interest compounded
quarterly for 2 years
D. The future value of $14.800 invested at 4% interest compounded
semiannually for 12 years.
Answers: 3
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Erin entered the following expression into her graphing calculator.
14800*(1+.04/12)
(1242)
(1242)
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