document.write( "Question 694394: How much money will there be in an account at the end of 4 years if $6000 is deposited at 3% interest compounded quarterly? (Assume no withdrawals are made.)\r
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document.write( "Can someone please help me with this question? Thank you! \n" );
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Algebra.Com's Answer #427923 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! FV=6000(1+0.03/4)^4*4 \n" ); document.write( "FV=6000(1.0075)^16 \n" ); document.write( "FV=6000*1.126992 \n" ); document.write( "FV=$7019.50 \n" ); document.write( " |