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Hudson invested $8,400 in an account paying an interest rate of 5.4% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account
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Hudson invested $8,400 in an account paying an interest rate of 5.4% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 13 years?

User Kenny Bones
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1 Answer

2 votes

The answer to the problem is 16870

User Josh Powlison
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