Question 666485: A couple invest $5700 in an account paying 7%, compounded quarterly. How much is in the account after one year? Answer by mananth(16946) (Show Source):
You can put this solution on YOUR website! Find Amount
Principal P = 5700
Amount= A
years=n 1.00
compounded 4 times a year t
Rate = 7.00 0.07
Amount = P*((n+r)/n)^n*t
