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PLEASE HELP ME I NEED TO PAST THIS TEST. Jack invests $30,000 with an interest rate of 4.5% compounded quarterly. After 6 years, what is the total amount of Jack's investme…

PLEASE HELP ME I NEED TO PAST THIS TEST. Jack invests $30,000 with an interest rate of 4.5% compounded quarterly. After 6 years, what is the total amount of Jack's investme…
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8 votes
PLEASE HELP ME I NEED TO PAST THIS TEST. Jack invests $30,000 with an interest rate of 4.5% compounded quarterly. After 6 years, what is the total amount of Jack's investment?

Enter your answer in the box rounded to the nearest cent.

User Wolendranh
by
8.1k points

1 Answer

8 votes

Answer:

1350

Explanation:

Hope this helps!

User Mitghi
by
7.9k points
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