Ask Question
13 June, 12:19

Suppose that when your friend was born, your friend's parents deposited $9000 in an account paying

6.8 % interest compounded

quarterly. What will the account balance be after

14years?

+2
Answers (1)
  1. 13 June, 16:10
    0
    Answer: $ 23,132.14

    Step-by-step explanation:

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

    A=9000 (1+.068/4) ^4x14
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose that when your friend was born, your friend's parents deposited $9000 in an account paying 6.8 % interest compounded quarterly. ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers