SOLUTION: $2300 is deposited in an account earning 3% annual interest, compounded quarterly. How much will be in the account after 10 years? Round your final answer to the nearest cent.

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Question 917487: $2300 is deposited in an account earning 3% annual interest, compounded quarterly. How much will be in the account after 10 years? Round your final answer to the nearest cent.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
FV=2300(1+0.03/4)^(4*10)