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If $5,000 invested in a bank account for 6 years, compounded quarterly, amounts to $6,140.80, what is the annual interes

Posted: Wed Jul 06, 2022 11:50 am
by answerhappygod
If 5 000 Invested In A Bank Account For 6 Years Compounded Quarterly Amounts To 6 140 80 What Is The Annual Interes 1
If 5 000 Invested In A Bank Account For 6 Years Compounded Quarterly Amounts To 6 140 80 What Is The Annual Interes 1 (36.6 KiB) Viewed 14 times
If $5,000 invested in a bank account for 6 years, compounded quarterly, amounts to $6,140.80, what is the annual interest rate paid by the account? Round your answer to four decimal places, after writing the rate as a percentage. The annual interest rate paid by the account is 4.1640 X %.