You invest $100.000 in an account with 1.05% interest, compounded quarterly. Assume you don't withdraw or deposit any money. How much money will you have in the account after 25 years?

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asked Mar 22, 2022 213k views

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You invest $100.000 in an account with 1.05% interest, compounded quarterly. Assume you don't withdraw or deposit any money. How much money will you have in the account after 25 years?

Mathematics
high-school

Saleena asked

by Saleena

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$100.025 ??? Maybe I’m not quite sure

Batters answered Mar 28, 2022

by Batters

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