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Olga deposited $1,500 in a savings account that pays 7.5% interest, compounded quarterly. What is the balance in her account at the beginning of the fourth quarter? a. $1,590 b. $1,560 c. $1,585.97 d.
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Olga deposited $1,500 in a savings account that pays 7.5% interest, compounded quarterly. What is the balance in her account at the beginning of the fourth quarter?

a. $1,590
b. $1,560
c. $1,585.97
d. $1,591.81

User Guille
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The balance in Olga's account at the beginning of the fourth quarter is d. $1,591.81
User Arivaldo
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