What are the future value and the interest earned if $4000 is invested for 7 years at 8% compounded quarterly? (Round your answers to the nearest cent.) future value $ = interest earned $=
What are the future value and the interest earned if $4000 is invested for 7 years at 8% compounded quarterly? (Round your answers to the nearest cent.) future value $ = interest earned $=
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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What are the future value and the interest earned if $4000 is invested for 7 years at 8% compounded quarterly? (Round your answers to the nearest cent.)
| future value | $ = |
| interest earned | $= |
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