Use the compound interest formulas A = P
nt and A = Pert to solve.Find the accumulated value of an investment of $1200 at 8% compounded quarterly for 2 years.
A. $1399.68
B. $1392.00
C. $1405.99
D. $1248.48
Answer: C
Mathematics
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B.
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D.
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A.
B.
C.
D.
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