http://qrc.depaul.edu/StudyGuide2009/Notes/Savings%20Accounts/Compound%20Interest.htm
http://www.moneychimp.com/calculator/compound_interest_calculator.htm
$11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18 years?
Round your answer to the nearest cent.
2 answers
Pam has $40 in a savings account that earns 10% interest, compounded annually.
To the nearest cent, how much will she have in 2 years?
To the nearest cent, how much will she have in 2 years?