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Mathematics, 23.10.2021 14:00 karlyisaunicorn

Fred invests $3000 at 4.23% compounded quarterly for 3 years. How much interest will the investment yield?
ts
State your answer in terms of dollars rounded to the nearest cent
(hundredth).
nents
Do not include a $ sign with your response.
Explain how the Correct Answer is
403.64


Fred invests $3000 at 4.23% compounded quarterly for 3 years. How much

interest will the investme

ansver
Answers: 1

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Fred invests $3000 at 4.23% compounded quarterly for 3 years. How much interest will the investmen...
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