Find the compound amount if principal is 7250, compounded quarterly for 13 years and the nominal interest rate is 4.75% O13394.76 11726.88 O13253.80
Find the compound amount if principal is 7250, compounded quarterly for 13 years and the nominal interest rate is 4.75% O13394.76 11726.88 O13253.80
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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![Find the compound amount if principal is 7250, compounded quarterly for 13 years and the nominal interest rate is 4.75%
13394.76
11726.88
O13253.80
13346 88](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa8713e9b-73ac-4e4f-a322-df330d573c40%2F308f1a45-0094-4db7-96db-90a393902f22%2Fysbm5tp_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Find the compound amount if principal is 7250, compounded quarterly for 13 years and the nominal interest rate is 4.75%
13394.76
11726.88
O13253.80
13346 88
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