If $100 is invested at 6 compounded (A) annually (B) quarterly (C) monthly what is the amount after 4 years How much interest is earned ...

A After 4 years the amount would be 14686 and the interest earned would be 4686 B After 4 years the ...

If $100 is invested at 6% compounded (A) annually (B) quarterly (C) monthly what is the amount

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If $100 is invested at 6% compounded

(A) annually

(B) quarterly

what is the amount after 4 years? How much interest is earned?

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

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Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Mar 22, 2022 12:41 AM

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If $100 is invested at 6% compounded (A) annually (B) quarterly (C) monthly what is the amount

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A After 4 years the amount would be 14686 and the interest earned would be 4686 B After 4 years the ...View the full answer

College Mathematics For Business Economics, Life Sciences, And Social Sciences

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