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Home Q & A Board Science-Related Homework Help Mathematics
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gewusel gewusel
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6 years ago
How long will it take for quarterly deposits of $425 to accumulate to be $16440 at an interest rate of 8.48% compounded quarterly? (Final answer in years and months e.g., 7 years and 4.24 months)
A) 7 years 1.64 months
B) 7 years .136 months
C) 7 years 6.14 months
D) 28 years .55 months
E) 28 years .64 months
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago
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