Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

How much money will there be in an account at the end of 10 years if $4000 is deposited at 6% compounded quarterly

Sagot :

Answer:

$7,256.07

Step-by-step explanation:

A = p(1+r/n)^nt

A = 4000(1+.06/4)^(10*4)

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.