Ask Question
26 November, 13:20

Abdul invests $5,000 at an interest

rate of 4%, compounded quarterly.

How much is the investment worth

at the end of 3 years?

+2
Answers (1)
  1. 26 November, 14:56
    0
    about $5,203.02

    Step-by-step explanation:

    5000 (1 + (.04/4)) ^4
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Abdul invests $5,000 at an interest rate of 4%, compounded quarterly. How much is the investment worth at the end of 3 years? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers