moorestacy72 moorestacy72

20-04-2020
Mathematics

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$2,000 is invested at 8% compounded quarterly, s=2000(1.02)^4x what will result in 4 years

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sqdancefan sqdancefan

20-04-2020

Answer:

$2,745.57

Step-by-step explanation:

Put 4 where x is and use your calculator to evaluate the expression. (Parentheses are needed around the exponent.)

In 4 years, the result will be $2,745.57.

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