Mathematics, 10.11.2020 20:40 jennemylesp19oy5
Jason deposits $120 every quarter into an account earning a quarterly interest rate of
2.1%. How much would he have in the account after 14 years, to the nearest dollar?
Use the following formula to determine your answer.
(1+i)" -1
A=d
A = the future value of the account after n periods
d = the amount invested at the end of each period
i= the interest rate per period
n = the number of periods
Answers: 3
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Jason deposits $120 every quarter into an account earning a quarterly interest rate of
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