SOLUTION: suppose you invest $1500 in an account paying 4.75% interest. Find the account balance with the interest compounded annually,semi-annually, and quarterly.

SOLUTION: suppose you invest $1500 in an account paying 4.75% interest. Find the account balance with the interest compounded annually,semi-annually, and quarterly.

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Question 303306: suppose you invest $1500 in an account paying 4.75% interest. Find the account balance with the interest compounded annually,semi-annually, and quarterly.
Answer by nyc_function(2741) (Show Source): You can put this solution on YOUR website!
Here is a link with information that will show you how to solve your question for the different parts requested.
http://math.about.com/library/weekly/aa042002a.htm
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