SOLUTION: If you invest $25,000 in an account that gets 12% annual interest compounded quarterly, how much would you have in 10 years.
Algebra.Com
Question 662680: If you invest $25,000 in an account that gets 12% annual interest compounded quarterly, how much would you have in 10 years.
Answer by ejc317(1) (Show Source): You can put this solution on YOUR website!
$77,646.21
= 25,000 * (1.12)^10
RELATED QUESTIONS
6) You invest $100,000 in an account with 1.01% interest, compounded quarterly. Assume... (answered by ewatrrr)
6) You invest $100,000 in an account with 1.01% interest, compounded quarterly. Assume... (answered by ewatrrr)
You invest an initial $100 in an account that has an annual interest rate of 3%,... (answered by solver91311)
You invest an initial $100 in an account that has an annual interest rate of 3%,... (answered by Boreal)
how much money would you have after 15 years if you deposit $2200 and your account pays... (answered by rfer)
a. For their newborn child, parents deposit $10,000 in a college account that pays 8%... (answered by Boreal)
How much money will you have in 10 years if you invest $2000 at a 4.5% annual rate of... (answered by rfer)
Hi! Thank you so much for your help. I would like to know how you get this answer, so if... (answered by jorel555)
Suppose you invest $250 in an account that pays 4.5% interest compounded quarterly.... (answered by lynnlo)