jerria73
17.04.2021 •
Mathematics
620 is invested in an account earning 5.5%interest APR, compounded quarterly. Write a function showing the value of the account after t years
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Ответ:
Y=620×((1+(0.055÷4))^(4t)
Step-by-step explanation:
Y=X ((1+(r/n))^(nt)
Y future value
X present value 620
R interest rate 0.055
N compound quarterly 4
T time
Ответ: