Wednesday, 2 October 2019

Calculate the compound interest for an investment with an initial principal of $13,400

Calculate the compound interest for an investment with an initial principal of $13,400, an
   annual interest rate of 4.28%, and a time period of 4 years and 3 months. Compounding should
   be done monthly. Show your equation, substitutions, algebra work and correct answer with
   label. Show Work

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