Find the Amount Accumulated After Investing a Principal P for T

question 285

Multiple Choice

Find the amount accumulated after investing a principal P for t years at an interest rate r.
-P = $4511, t = 5 , r = 7.3% , compounded quarterly (k = 4)

• A) $6456.04
• B) $6416.10
• C) $6476.81
• D) $6490.98

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