Register
You deposit $1200 in an account that earns 7.2% annual interest. Find the balance after 8 years when the interest is compounded quarterly.
101k views
1 vote
You deposit $1200 in an account that earns 7.2% annual interest. Find the balance after 8 years when the interest is compounded quarterly.

User Zilberman Rafael
by
4.8k points

2 Answers

6 votes

Answer:

checked answer, 2123.78

User Hanzo
by
5.3k points
6 votes
might be wrong but around 1900
User Zhao Peng
by
5.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.5m answers

Other Questions

Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Can someone help me with 5??? ASAP?
Solve for h 3h=7(2/7-3/7h)-10
1/7 + 3/14 equivalent fractions
Link Copied!