antonio3795 antonio3795

02-10-2018
Business

contestada

to pay for new machinery in 9 years, a company owner invests $15,000 at compunded quarterly, How much money will be available in 9 years? round your answers to the nearest cent. in 9 years there will be $ available

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Bacon613 Bacon613

02-10-2018

I would need to know the rate at which it is compounded each year, but the equation to solve it is
in the image.

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