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5 September, 07:11

Kristin opens a savings account with $3500. She deposits $2400 every year into the account that has a 0.65% interest rate, compounded quarterly. If she doesn't withdraw any money, what will the account balance be in 10 years?

A. $28,551.51

B. $28,511.25

C. $24,816.65

D. $24,776.39

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Answers (1)
  1. 5 September, 07:40
    0
    The answer for this problem is b I believe.
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