Guess a dating sites free financial investment you to definitely pays your 2000 bucks fundamentally of your own very first, second, and you will third 12 months to have an annual rate of interest regarding 12% compounded quarterly.

03 ) 4 ] + 2000 [ ( 1 + 1 / 0.03 ) 8 ] + 2000 [ step 1 / ( step 1 + 0.03 ) 12 ] = $ cuatro , F = dos , 100000 * ( F / P step three % , ( several ? cuatro ) ) + dos , 000 * ( F / P step three % , ( several ? 8 ) ) + dos , 000 * ( F / P step 3 % , ( several ? a dozen ) ) = dos , 100000 * ( F / P step three % , 8 ) + 2 , 100 * ( F / P step three % , cuatro ) + 2 , one hundred thousand = 2000 * ( step 1 + 0.03 ) 8 + 2000 * ( step one + 0.03 ) 4 + 2000 = $ 6 ,

Please note one to given that rate of interest is actually compounded every quarter, we must build new calculations within the an excellent quarterly ft.