Asked by Mary
An initial investment of $480 is appreciated for 8 years in an account that earns 9% interest, compounded quarterly. Find the amount of money in the account at the end of the period.
A $978.29
B $956.43
C $498.29
D $956.76
A $978.29
B $956.43
C $498.29
D $956.76
Answers
Answered by
scott
a = 480 [1 + (.09 / 4)]^(4 * 8)
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.