Asked by Annie

Bermie deposited $ 4000 into an account that pays 45/a compounded quarterly during the first year. The interest rate on this account is then increased by o.2% each year. Calculate the balance in Bernie's account after three years.

Answers

Answered by Reiny
"45/a compounded quarterly" ??

check your typing
Answered by Annie
oh sorry 45%/a

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