Thursday

March 5, 2015

March 5, 2015

Posted by **YOU** on Monday, February 11, 2013 at 12:42am.

- math -
**Henry**, Tuesday, February 12, 2013 at 8:19pmP = Po(1+r)^n.

Po = $15000.

r = (6%/4) / 100% = 0.015 = Quarterly %

rate expressed as a decimal.

n = 4Comp/12mo. * 27mo = 9 Compounding

periods.

Plug the above values into the given Eq

and get:

P = $17,150.85

I = P-Po

**Answer this Question**

**Related Questions**

Math - What would be the amount of compound interest on $8,000 invested for one...

math - Compute the compound quarterly amount after 1 year for $100 invested at ...

Math - What would be the amount of compound interest on $8,000 invested for one ...

math - compounded- what would be the amount of compound interest on $12,000 ...

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

Math - Using the compound interest formula A = P (1+ ((r)/ (n)) ^nt Find the ...

Math - Use the compound interest formula to solve: $18,000 is invested in an ...

Math - I really need help with this problem I am not getting it at all anyhelp ...

Kirr - *solve execises by using compounded interest formula Principal $ 700 ...

MATH!! - Joe and Susan invested $1500 at Bank of America in 2000, at 4% ...