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?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Mikayel Saghyan asked Sep 5, 2022

501,959 views

2 votes

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

2.4k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

23 votes

Answer:

He will earn : 2112$

Explanation:

I hope that is useful for you :)

Msouth answered Sep 12, 2022

by Msouth

3.2k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

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

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

He will earn : 2112$

0 Comments

Your comment on this answer:

Other Questions