Unit 2 (Quadratics 1) Outline

Compounded quarterly for 5 years. 4 x 5 = 20. Compounded semi-annually for 18 months. 2 x 1.5 = 3. Compounded bi-weekly for 2 years. 26 x 2 = 52. Example 3: Calculate the amount of an investment if $500 is invested at 3% compounded quarterly for 3 years. A = P(1 +i)n. A = 500( 1 + ) 12. A = 500( 1.094) A = 546.90. Therefore the amount of the ... ................
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