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Mathematics

Answered

Suppose that when your friend was born, your friend's parents deposited $4000 in an account paying 6.3% interest compounded quarterly. What will the account balance be after 13 years

Answer :

CLARCH19GO CLARCH19GO

Answer:

$9015.20

Step-by-step explanation:

A = 4000[1 + (.063/4)]^13·4

Answer Link

THOMASOSAGIE3GO THOMASOSAGIE3GO

Answer:

3276

Step-by-step explanation:

4000(6.3*13)÷100

Answer Link

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