Time remaining:
how to compound interest

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

what amount must be deposited today to grow to $600 in 8 years ,at 12% interest compounded quarterly

Oct 22nd, 2017

To have $600 dollars in eight years, compounded quarterly at 12%, you need to start with $233 dollars today.

Apr 7th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Oct 22nd, 2017
...
Oct 22nd, 2017
Oct 23rd, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer