SOLUTION: how much money will there be in an account at the end of 10 years if $11000 is deposited at 3% interest compounded quarterly?
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Question 947511: how much money will there be in an account at the end of 10 years if $11000 is deposited at 3% interest compounded quarterly?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=11000(1.0075)^(4*10)
FV=11000(1.348349)
FV=14,831.83
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