Posted by **Trevor** on Thursday, September 30, 2010 at 6:02pm.

I need to find the equation for the following (compound interest):

number of years: 12

initial principal: 10000

annual interest rate: 0.03

additional investment each subsequent quarter: 500

The value in 12 years is 43074.4088874

## Answer this Question

## Related Questions

- compound interest - How do I solve these problems? Complete the table for a ...
- programming - Having troube with java, i am not a regular programmer, if anybody...
- Math - compound and interest Using the below values please calculate the amount...
- Math - compound and interest Using the below values please calculate the amount ...
- Math - compound and interest Using the below values please calculate the amount...
- math - how long will it take to earn $787.50 on $5000 at 5 1/4%(percent) what is...
- Finance - You deposit $1000 for 5 years at 4% annual interest. In 5 years, you ...
- Math - Find the interest if $ 9,000 is invested at an annual simple interest ...
- math - what formulas do i use for this: Investments Suppose $10,000 is invested ...
- Science!! Please HELP - If a population consists of 10,000 individuals at time t...