A deposit of $12,000 is made into a savings account which earns 4 3/5 % interest compounded quarterly. If no additional deposits or withdrawals are made, which amount is the total balance at the end of 3 years? A) $13,733.34 B) $13,754.19 C) $13,764.86 D) $13,772.07
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Home » Mathematics » A deposit of $12,000 is made into a savings account which earns 4 3/5 % interest compounded quarterly. If no additional deposits or withdrawals are made, which amount is the total balance at the end of 3 years? A) $13,733.34 B) $13,754.19 C) $13,764.