Formulas:
A = P(1+)"
y = a(1 + r)
y = a(1 – »)'
You deposit $4,000 in an account...
Mathematics, 25.03.2021 04:00 gwoodbyrne
Formulas:
A = P(1+)"
y = a(1 + r)
y = a(1 – »)'
You deposit $4,000 in an account that earns 5% annual interest. Find the balance after 6 years if the interest is
compounded quarterly.
Answers: 3
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