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24 February, 15:28

Use the compound interest formula A = P1+

=P[1+) *

to solve. Round to two decimal places.

Find the accumulated value of an investment of $800 at 14% compounded quarterly for 2 years.

o $1,024.00

O $856.98

o $1,053.45

o $1,039.68

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Answers (1)
  1. 24 February, 15:56
    0
    1,039.68
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