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10 June, 22:15

4000 is compounded quarterly at a rate of 7 percent for 6 years find the total amount

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  1. 10 June, 22:24
    0
    4000=x + (1+0.07) ^6 you are using the equation F=I + (1+R) ^T
  2. 10 June, 22:38
    0
    The answer u are looking for is 24,000
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