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I HAVE 13 MINS LEFT HURRY PLEASE

If $3,200 is invested at a rate of 5.5%, compounded quarterly, calculate the value of the investment after

4 years. Round to the nearest dollar.




Hint: Use the formula below

A=P(1+r/n)^nt

Respuesta :

Answer:

A = $13,366.37

A = P + I where

P (principal) = $10,000.00

I (interest) = $3,366.37

Step-by-step explanation:

xiligxn

Answer:

$3964

Step-by-step explanation:

A=P(1+r/n)^nt

So 3964(1+.055)^4

Comes out to 3964.238882. Then round

Hope this helps

Brainliest would be appreciated

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