Investment

Tess204

New member
Joined
Apr 20, 2011
Messages
4
$6300 is invested at 7.2% per annum, compounded quarterly for 15 months. Find the amount of the investment
 
Tess204 said:
$6300 is invested at 7.2% per annum, compounded quarterly for 15 months. Find the amount of the investment

What equations have been taught to calculate parameters of compound interest?

Please share your work with us, indicating exactly where you are stuck - so that we may know where to begin to help you.
 
Top