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majarm majarm
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7 years ago
Calculate the future value of $5000 if it is invested at an interest rate of 16% compounded quarterly for 5 years and 6 months.
A) $11 849.59
B) $11 809.59
C) $11 049.59
D) $10 849.59
E) $5849.59
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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7 years ago
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5 years ago
This helped my grade so much
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