Question
Find the final amount of money in an account if $3,300 is deposited at
6% interest compounded quarterly (every 3 months) and the money is left for 8 years.
The final amount is $
Round answer to 2 decimal places
Answer plsss!
6% interest compounded quarterly (every 3 months) and the money is left for 8 years.
The final amount is $
Round answer to 2 decimal places
Answer plsss!
Answers
R_scott
A = 3300 [1 + (.06 / 4)]^(8 * 4)