Caden deposited $4,251 into a savings account 15 years ago. The account has an interest rate of 3.4% and the balance is currently $7,063.91. How often does the interest compound? a daily b monthly c quarterly

asked Feb 10, 2021 178k views

3 votes

6.0k points

Please log in or register to add a comment.

2 votes

Answer:

quarterly

Explanation:

i just took the unit exam i got it right, its quarterly.

Dan Doe answered Feb 16, 2021

5.6k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers