Ask Question
11 April, 11:01

5. Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 years?

A. $1,741.02

B. $1,713.82

c. $713.82

D. $741.02

+4
Answers (1)
  1. 11 April, 11:09
    0
    1,741.02
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “5. Ricky invested $1000 in an account at 8% interest compounded quarterly. How much money will he have earned on the account after 7 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