SOLUTION: suppose you invest $1500 in an account paying 4.75% interest. Find the account balance with the interest compounded annually,semi-annually, and quarterly.
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: suppose you invest $1500 in an account paying 4.75% interest. Find the account balance with the interest compounded annually,semi-annually, and quarterly.
Log On
Question 303306: suppose you invest $1500 in an account paying 4.75% interest. Find the account balance with the interest compounded annually,semi-annually, and quarterly. Answer by nyc_function(2741) (Show Source):
You can put this solution on YOUR website! Here is a link with information that will show you how to solve your question for the different parts requested.
http://math.about.com/library/weekly/aa042002a.htm
