Mathematics, 25.02.2022 01:40, noname857

If $5000 is invested at a rate of 3% interest compounded quarterly, what is the value of the investment in 5 years?
(Use the formula A = P (1 + )", where A is the amount
accrued, P is the principal, r is the interest rate, n is the
number of times per year the money is compounded, and t
is the length of time, in years.)

Answers: 2

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If $5000 is invested at a rate of 3% interest compounded quarterly, what is the value of the inves...