Question
Suppose that $2000 is invested at a rate of 5.2%, compounded quarterly. Assuming that no withdrawals are made, find the total amount after 4 years.
Suppose that $2000 is invested at a rate of 5.2%, compounded quarterly. Assuming that no withdrawals are made, find the total amount after 4 years. Do not round any intermediate computations, and round your answer to the nearest cent.
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Precalculus Mathematics For Calculus
Authors: David M Kennedy, James Stewart, Lothar Redlin, Saleem Watson
6th Edition
1133715044, 9781133715047
