SOLUTION: You deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly, and you make no withdrawals from or further deposits into this account for 3 years. How

Algebra ->  Finance -> SOLUTION: You deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly, and you make no withdrawals from or further deposits into this account for 3 years. How      Log On


   



Question 1107893: You deposit $3000 into a money-market savings account which pays 4.8% compounded quarterly, and you make no withdrawals from or further deposits into this account for 3 years. How much money is in your account at the end of those 3 years?
Give answer in dollars rounded to the nearest cent. Do NOT enter "$" sign in answer.

Answer by Alan3354(69443) About Me  (Show Source):