SOLUTION: Find the final amount of money in account if 7900 is the deposit at 3% interest compound quarterly every three months and the money is left for three years

SOLUTION: Find the final amount of money in account if 7900 is the deposit at 3% interest compound quarterly every three months and the money is left for three years

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Question 1196868: Find the final amount of money in account if 7900 is the deposit at 3% interest compound quarterly every three months and the money is left for three years
Answer by MathLover1(20850) (Show Source): You can put this solution on YOUR website!

Given Data:
Present value:

Future value:
A=?
Rate of interest:
%=
Number of period per year;
years:

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