Mathematics, 30.01.2020 21:49 whohelpme

An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. approximately how much interest is earned on the investment?
a.
$724.67
b.
$2127.72
c.
$720.37
d.
$2720.37

Answers: 1

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More questions: Mathematics Another questions

An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. approximately how much interest is earned on the investment? a. $724.67 b. $2127.72 c. $720.37 d. $2720.37

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Another question on Mathematics

An investment of $2,000 is earning interest at the rate of 6.2% compounded quarterly over 5 years. approximately how much interest is earned on the investment?
a.
$724.67
b.
$2127.72
c.
$720.37
d.
$2720.37