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OpenStudy (anonymous):
$200 invested at 12% compounded quarterly after a period of 2 1/2 years After 2 1/2 years, the investment results in $______ (round to the nearest cent)
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OpenStudy (mertsj):
\[A=P(1+\frac{r}{n})^{nt}\]
OpenStudy (mertsj):
Replace P with 200 replace r with .12 replace n with 10 replace t with 2.5
OpenStudy (anonymous):
thank you!!!!!!!
OpenStudy (mertsj):
yw
OpenStudy (anonymous):
can you help me with another problem I posted up?
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