SOLUTION: WHAT IS THE SOLUTION- $300 EARNING 4.5% INTEREST COMPOUNDED QUARTERLY FOR 3 YAERS

SOLUTION: WHAT IS THE SOLUTION- $300 EARNING 4.5% INTEREST COMPOUNDED QUARTERLY FOR 3 YAERS

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Question 256756: WHAT IS THE SOLUTION- $300 EARNING 4.5% INTEREST COMPOUNDED QUARTERLY FOR 3 YAERS
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
300(1+.045/4)^3*4
300(1.01125)^12
300*1.14367=$343.10 ans.
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