Question 785074: A $6000 deposit at an APR of 6.6% with quarterly compounding for 5 years. The amount after 5 years will be what? Answer by mananth(16946) (Show Source):
You can put this solution on YOUR website! Find Amount
Principal P = 6000
Amount= A
years=n 5.00
compounded 4 times a year t
Rate = 6.60 0.07
Amount = P*((n+r)/n)^n*t
