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Aubrey invested $7,100 in an account paying an interest rate of 5. 6% 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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Aubrey invested $7,100 in an account paying an interest rate of 5. 6% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest ten dollars, would be in the account after 19 years?

User Alexei Darmin
by
7.1k points

1 Answer

11 votes

Answer:

6.6%

Step-by-step explanation:

after 19 years

User Lokheart
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7.1k points
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