Suppose that when your friend was born, your friend's parents deposited $9000 in an account paying 3.6% interest compounded quarterly. What will the account balance be after 13years?

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asked Mar 20, 2018 48.9k views

5 votes

Suppose that when your friend was born, your friend's parents deposited $9000 in an account paying 3.6% interest compounded quarterly. What will the account balance be after 13years?

Mathematics
high-school

GuruM asked

by GuruM

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3 votes

I believe the answer is 25,374.07

Hacktisch answered Mar 25, 2018

by Hacktisch

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