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OpenStudy (anonymous):
find the amount that results from each. $100 invested at 4% compounded quarterly after a period of 2 years
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OpenStudy (anonymous):
A = p(1 + r/n)^nt A = 100(1 + .04/2)^4 A = 100 (1.02)^4 $108.24
OpenStudy (anonymous):
I got the answer 108.29 100*(1+(0.04/4)^8
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