Need help on this equation. The answer continues to come up wrong
Need help on this equation. The answer continues to come up wrong
even though I thin I followed al operations correctly.
Q. Find the amount that results from the given investment.
$700 invested at 12% compounded quarterly after a period of 3 years.
I had 700(1+.12/4)^3= 764.90. It stated incorrect.
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