What is the future value if $6,000.00 is invested for 2 years at 6% compounded quarterly?

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.1: Exponential Functions
Problem 2YT
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What is the future value if $6,000.00 is invested for 2 years at 6% compounded quarterly?
The future value is $
(Round to 2 decimal places.)
Transcribed Image Text:What is the future value if $6,000.00 is invested for 2 years at 6% compounded quarterly? The future value is $ (Round to 2 decimal places.)
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