SOLUTION: What formula would I use to solve: $4,500 is invested into an account earning 10% compounded quarterly. How much is in the account after 4 years? I have been having trouble wit

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: What formula would I use to solve: $4,500 is invested into an account earning 10% compounded quarterly. How much is in the account after 4 years? I have been having trouble wit      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 876094: What formula would I use to solve:
$4,500 is invested into an account earning 10% compounded quarterly. How much is in the account after 4 years?
I have been having trouble with this problem and others like it. Please and thank you!!
Answer by reviewermath(1029) About Me  (Show Source):
You can put this solution on YOUR website!
Q:
4,500 is invested into an account earning 10% compounded quarterly. How much is in the account after 4 years?
A:
4500%281+%2B+0.10%2F4%29%5E%28%284%29%284%29%29 = $highlight%286680.28%29