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Consider the following investment. $5,800 at 743% compounded quarterly for 921 years (a) Determine n, the number of quarterly periods in 921 years. n= periods
Consider the following investment. $5,800 at 743% compounded quarterly for 921 years (a) Determine n, the number of quarterly periods in 921 years. n= periods Determine the quarterly interest rate i and write it as a decimal. Find the future value of the given amount. (Round your answer to the nearest cent.) FV=$ (b) Interpret the future value of the given amount. (Round your answer to the nearest cent.) After 921 years, the investment is worth $
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