xbeatdroperzx
28.02.2020 •
Business
Jada, when she turned 38, made an investment of $25,000 at an interest rate of 7.8% per year, compounded every 3 months. Now that she is 44 years old, how much is the investment worth
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Ответ:
When Jada is 44 years, the investment will be worth $39,741
Explanation:
time will be 44 - 38 = 6
t = 6 years
compounded every 3 month means 4 times a year (12/3 = 4)
n = 4
r = 7.8%
p = $25,000
Ответ: