If $1000 is invested for x years at 8% compounded quarterly, the future value of the investment
Question:
If $1000 is invested for x years at 8% compounded quarterly, the future value of the investment is given by
What will be the future value of this investment in 20 years?
Transcribed Image Text:
0.08 S = 1000| 1 + \4x 4
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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