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Please help Blake is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Blake need to invest, to the nearest dollar, for the value of the account to reach
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Blake is going to invest in an account paying an interest rate of 1.5% compounded quarterly. How much would Blake need to invest, to the nearest dollar, for the value of the account to reach $910 in 10 years?

User Ajit S
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5 votes

Answer:

A, of money in the account after 3 years subject to interest ... If you deposit P dollars at rate r, in decimal form, subject to compound interest paid

Explanation:

User GlaceCelery
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