Steve decided to deposit $3,285 into a savings account with 4.5% interest, compounded quarterly. Assuming that no withdrawals are made, how much will he have in the account after 4 years?
Steve decided to deposit $3,285 into a savings account with 4.5% interest, compounded quarterly. Assuming that no withdrawals are made, how much will he have in the account after 4 years?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Steve decided to deposit $3,285 into a savings account with 4.5% interest, compounded quarterly. Assuming that no withdrawals are made, how much will he have in the account after 4 years?
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