mimi8184 mimi8184

26-09-2019
Mathematics

contestada

Heather invests $6,944 in a retirement account with a fixed annual interest rate of 3.39% compounded 6 times per year. What will the account balance be after 13 years?

Respuesta :

bozena83 bozena83

26-09-2019

Answer:

1000

Step-by-step explanation:

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JoelG3377 JoelG3377

26-09-2019

Answer:

$25,305.32

Step-by-step explanation:

6944*0.0339 = 235.40

235.40 * 6 * 13 = 18361.32

18361.32 + 6944 = 25305.32

Answer Link

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