Ask Question
11 January, 21:49

Suppose that when your friend was born, your friend's parents deposited $9000 in an account paying

6.8 % interest compounded

quarterly. What will the account balance be after

14years?

+1
Answers (1)
  1. 12 January, 01:22
    0
    Answer: $ 23,132.14

    Step-by-step explanation:

    A=P (1+r/n) ^nt

    A=9000 (1+.068/4) ^4x14
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Suppose that when your friend was born, your friend's parents deposited $9000 in an account paying 6.8 % interest compounded quarterly. ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers