Ask Question
15 August, 12:39

A total of $37185 is invested at an annual interest rate of 2% compounded quarterly. Find the balance after 11 years.

+5
Answers (1)
  1. 15 August, 12:46
    0
    A=37,185 * (1+0.02:4) ^ (4*11)

    A=46,309.97
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A total of $37185 is invested at an annual interest rate of 2% compounded quarterly. Find the balance after 11 years. ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers