B M.

asked • 09/24/19

Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years.

Find the accumulated amount A if the principal P is invested at the interest rate of r/year for t years.


P = $47,000 , r = 2.75% , t=8 , compounded quarterly


A=$______


any help or guidance would be greatly appreciated!

1 Expert Answer

By:

Peter K. answered • 09/24/19

Experienced and Knowledgeable Mathematics and Physics Tutor

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