o gosh... i really dont get this...is anyone able to help??
what is the accumulated value of deposits of $200 made at the end of each year for three years if the interest rate is 12% per year compounded quarterly?
what is the accumulated value of deposits of $200 made at the end of each year for three years if the interest rate is 12% per year compounded quarterly?
What formula(s) did they give you to use? (Please remember to define all of the variables.)