moorestacy72 moorestacy72
  • 20-04-2020
  • Mathematics
contestada

$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 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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