Swanton Savings Bank pays 5.5% interest compounded quarterly on a regular savings account. John deposited $4400 in regular savings accounts for 1.5 years. How much interest did he earn?

$375.71

Step-by-step explanation:

Given that:

Rate of interest = 5.5% compounded quarterly

Time = 1.5 years

Principal amount deposited in savings account = 1.5 years

To find:

Interest earned = ?

Solution:

Formula for amount with interest compounding quarterly:

Putting the values:

Interest earned = Amount - Principal

Interest earned = 4775.70 - 4400 = $375.71

1,589.63 in.^3

step-by-step explanation:

i hope this you : d

answer:   x*94 +688*6   = 267*100

94x+4128=26700    

94x=22572     /94

x=240.128

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