edmoribeiro17ovx5p4 edmoribeiro17ovx5p4
  • 02-12-2017
  • Mathematics
contestada

Determine the amount of money you will have if you deposit $108,000 for 25 years at 8% annual interest, compounded quarterly.

Respuesta :

toporc
toporc toporc
  • 02-12-2017
[tex]A =108000(1+\frac{0.08}{4})^{4\times25}=782421.78[/tex]
The answer is $782,421.78
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  • 24-04-2019

Answer: The answer is $782,421.78

Step-by-step explanation:

Just got 100% Gradpoint

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