subject
Mathematics, 15.02.2020 03:22 preciadogabriel40

A small business owner contributes $3000 at the end of each quarter to a retirement account that earns 6% compounded quarterly. (a) How long will it be until the account is worth $150,000? (Round your answer UP to the nearest quarter.) quarters (b) Suppose when the account reaches $150,000, the business owner increases the contributions to $4000 at the end of each quarter. What will the total value of the account be after 15 more years? (Round your answer to the nearest dollar.)

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
Which of the following statements is not true? a.parallel lines are lines in the same plane that never intersect. b.congruent figures have the same shape and same size angles and sides. c.similar figures must have the same shape and the same size. d.a rotation is when you turn a figure around a certain point.
Answers: 1
question
Mathematics, 21.06.2019 17:30
Regular price 75$ discount 25%sale price?
Answers: 2
question
Mathematics, 21.06.2019 19:50
The graph shows the distance kerri drives on a trip. what is kerri's speed?
Answers: 3
question
Mathematics, 21.06.2019 20:00
Triangle knm is what is true about the sides of knm
Answers: 3
You know the right answer?
A small business owner contributes $3000 at the end of each quarter to a retirement account that ear...
Questions
question
Engineering, 29.04.2021 14:50
question
English, 29.04.2021 14:50
question
Mathematics, 29.04.2021 14:50
question
Mathematics, 29.04.2021 14:50
question
Mathematics, 29.04.2021 14:50
question
Mathematics, 29.04.2021 14:50
Questions on the website: 13722367