An investment of $2500 earned interest at 4.5% compounded quarterly for 1 1/2 years, and then 4.0%

Question:

An investment of $2500 earned interest at 4.5% compounded quarterly for 1 1/2 years, and then 4.0% compounded monthly for two years. How much interest did the investment earn in the 3 1/2 years?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: