SOLUTION: How much money will there be in an account at the end of 7 years if $3,000 is deposited at 6% compounded quarterly?
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Question 938090: How much money will there be in an account at the end of 7 years if $3,000 is deposited at 6% compounded quarterly?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
In General
A = Accumulated Amount
P= principal =
r= annual rate = .
n= periods per year =
t= years =
...
= $4,551.67
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