interest compounded

Get your Assignment in a Minimum of 3 hours

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

Free Inquiry Order A Paper Now Cost Estimate

Suppose you invest $1200 into an account that pays 2.3% interest compounded quarterly. You keep the investment in the account for 13 years. What was the periodic interest


a) 2.3% b) 0.00575% c) 0.575% d) $1616.83 e) $416.83

"Is this question part of your assignment? We Can Help!"

"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!"

Get Started