SOLUTION: You deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly, and you make no withdrawals from or further deposits into this account for 3 years. How

SOLUTION: You deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly, and you make no withdrawals from or further deposits into this account for 3 years. How

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Question 1107893: You deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly, and you make no withdrawals from or further deposits into this account for 3 years. How much money is in your account at the end of those 3 years?
Give answer in dollars rounded to the nearest cent. Do NOT enter "$" sign in answer.
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Why no $ ?
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