Asked by Me
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
Answered by
R_scott
A = 3300 [1 + (.06 / 4)]^(8 * 4)
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