Thursday

September 18, 2014

September 18, 2014

Posted by **sandra** on Friday, March 9, 2012 at 8:23pm.

- business math -
**bobpursley**, Friday, March 9, 2012 at 8:42pmManually, like with pencil and paper?

Interest= 3*8500*.03 + 8500*.03^2 + 8500(.03^3)=772.88

That is a lot of multiplying manually.

**Answer this Question**

**Related Questions**

math - Brianna invests $3,500, at 12% interest, compounded quarterly for 1 year...

math - Manually calculate the compound interst on an investment of $12,500 at 7....

compound interest math - calculate the compound interest on an investment of $45...

Business Math - How to determine the compound amount of an investment of $10,000...

Business Math - To determine the compound amount of an investment of $10,000 ...

pre algebra - Use the compound interest formula to find the value of the ...

business math-73 - Use the Present Value Table on page 358 of your text to ...

math/algebra - Compounded semiannually. P dollars is invested at annual interest...

Contemporary math - Using the Compound Interest Table, calculate the compound ...

math - calculate the compound interest on an investment of $18,000 at 8% ...