Mathematics, 26.02.2021 21:10 jordanbyrd33

Jane deposits $4,500 into a bank account with 6% interest rate compounded quarterly. 1.what is the number you need to use for n?
2.How much money will be in her account in 5 years
3.How much would be in the account in 5 year if compounded monthly instead?

Answers: 2

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Jane deposits $4,500 into a bank account with 6% interest rate compounded quarterly. 1.what is the number you need to use for n?2.How much money will be in her account in 5 years3.How much would be in the account in 5 year if compounded monthly instead?​

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Another question on Mathematics

Jane deposits $4,500 into a bank account with 6% interest rate compounded quarterly. 1.what is the number you need to use for n?
2.How much money will be in her account in 5 years
3.How much would be in the account in 5 year if compounded monthly instead?