Register
A customer deposits $1275 in a savings account that pays 4% interest compounded quarterly. How much money will the customer have in the account after 2 years? (Round to the nearest cent-- 2 decimal places
51.9k views
13 votes
A customer deposits $1275 in a savings account that pays 4% interest compounded quarterly. How much money will the customer have in the account after 2 years? (Round to the nearest cent-- 2 decimal places)

User Matoy
by
7.6k points

1 Answer

10 votes

$13777.00

Explanation:

User GuybrushThreepwood
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Mr. Jacob is 55 years old and tony is 7 years old. in how many years will mr. Jacobs be 4 times as old as Tony
Link Copied!