Register
Stan’s savings account has a balance of $2257. After 5 years, what will the amount of interest be at 10% compounded quarterly? a. $1432.36 c. $112.85 b. $1446.36 d. $1441.36
116k views
2 votes
Stan’s savings account has a balance of $2257. After 5 years, what will the amount of interest be at 10% compounded quarterly?

a.

$1432.36

c.

$112.85

b.

$1446.36

d.

$1441.36

User Dolbi
by
2.9k points

2 Answers

1 vote

Answer:

b

Step-by-step explanation:

User Dador
by
2.9k points
5 votes

Answer:

1441.36

Step-by-step explanation:

got it right on edge

User Gary Lyn
by
3.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.3m questions

4.3m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
A friend wants to borrow money from you. He states that he will pay you $4,100 every 6 months for 9 years with the first payment six months from today. The interest rate is an APR of 6.4 percent with semiannual
Link Copied!