Charles Johnson deposited 4,400 in savings account earning 6 percent compound quarterly. if he makes no other deposits or withdrawals, how much will his money earn in 2 years?

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Mikayel Saghyan asked Sep 5, 2022

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Charles Johnson deposited 4,400 in savings account earning 6 percent compound quarterly. if he makes no other deposits or withdrawals, how much will his money earn in 2 years?

Mathematics
high-school

Mikayel Saghyan asked Sep 5, 2022

by Mikayel Saghyan

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Answer:

He will earn : 2112$

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I hope that is useful for you :)

Msouth answered Sep 12, 2022

by Msouth

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He will earn : 2112$

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