(Solution Library) Use the compound interest formula above to compute the interest earned on the investment. $4800 for 1 year computed at 8% compounded quarterly
Question: Use the compound interest formula above to compute the interest earned on the investment.
$4800 for 1 year computed at 8% compounded quarterly
A = p \[\left( 1+\frac{r}{n} \right)\] \[^{(n-f)}\]
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