janellechenault janellechenault

28-02-2019
Mathematics

contestada

Suppose that when your friend was born, your friend's parents deposited $6000 in an account paying 4.2% interest compounded quarterly. What will the account balance be after 19 years?

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zrh2sfo zrh2sfo

28-02-2019

Answer:

In 19 years you will have $13,523.10

Step-by-step explanation:

Formula for compound interest:

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bernardnthiwa bernardnthiwa

28-02-2019

Answer:

$13,523.10

Step-by-step explanation:

Answer Link

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