billjax629 billjax629

01-10-2020
Mathematics

contestada

Olivia's savings account has a balance of $3668. After 3 years, what will the amount of interest be at 4% rate compounded quarterly? *
$73.36
$456.19
$470.19
$465.19

Respuesta :

02-10-2020

Answer:

465.19

Step-by-step explanation:

TVM Inputs

n=3×4

i=4/4

pv= -3668

FV= 4133.19

interest earned 4133.19-3668 = 465.19

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