T Tess204 New member Joined Apr 20, 2011 Messages 4 Apr 20, 2011 #1 $6300 is invested at 7.2% per annum, compounded quarterly for 15 months. Find the amount of the investment
$6300 is invested at 7.2% per annum, compounded quarterly for 15 months. Find the amount of the investment
D Deleted member 4993 Guest Apr 20, 2011 #2 Tess204 said: $6300 is invested at 7.2% per annum, compounded quarterly for 15 months. Find the amount of the investment Click to expand... 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.
Tess204 said: $6300 is invested at 7.2% per annum, compounded quarterly for 15 months. Find the amount of the investment Click to expand... 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.