SOLUTION: Christine deposited $4000 into an account with 5% interest, compounded quarterly. Assuming that no withdrawals are made, how much will she have in the account after 9 years? D

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Question 1129407: Christine deposited $4000 into an account with 5%
interest, compounded quarterly. Assuming that no withdrawals are made, how much will she have in the account after 9 years?
Do not round any intermediate computations, and round your answer to the nearest cent.
Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
4000(1+(0.05/4))^4*9 = 6256