Find the future value if $3,6000 is invested for 8 years at an annual rate of 7% compounded quarterly.

$62,719.69

Step-by-step explanation:

is the number of compoundings per year

is the initial amount

is the future amount

is the number of years

is the rate

We are given ,

the number of years is ,

(it is being compounded quarterly),

and .

So let's plug this in:

Put left-hand side into the calculator:

a box 3 3/4 feet long or 4+ feet.

step-by-step explanation:

answer by yourhope:

hi! : )

a farmer that lived in ancient egypt would most likely be barried in the sand, in the desert!

: )