Register
A man invests 5000 in an account that pays 85 interest per year compounded quarterly a find the amou
104k views
17 votes
A man invests 5000 in an account that pays 85 interest per year compounded quarterly a find the amou

User Alin
by
7.4k points

1 Answer

5 votes

Answer:The final balance is $10,806.8.

The total compound interest is $5,806.8.

per year

Step-by-step explanation:

User Marc Stober
by
7.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.3m questions

10.9m answers

Other Questions

What negative impact might a major storm have on a barrier island?
A die is rolled. the set of equally likely outcomes is​ {1,2,3,4,5,6}. find the probability of getting a 6.
What happens after the Penn Foster online course? HELLLLLPPPPP
How do sliding wheels on snow or ice affect a drivers ability to control the vehicle
Who is the current president of Zambia?
Link Copied!