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OpenStudy (acacia):
How much will $850 amount to be in three years if it is invested at 8% interest compounded quarterly for 3 years?
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OpenStudy (amistre64):
what was your attempt?
OpenStudy (acacia):
Exponential and Logarithmic Functions
OpenStudy (amistre64):
thats not really an attempt at a solution .... im assuming you have some rudimentary notion as to what you need to do.
OpenStudy (acacia):
no thats all it gave me
OpenStudy (amistre64):
then you might need to review your material to find the formula for compounding interest calculations.
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OpenStudy (acacia):
okay
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