Mathematics, 30.03.2021 22:10 emilydis2594
4. A deposit of $4000 is made into a savings account that pays 2.48% annual interest rate compounded quarterly.
A = P(1 + 3)"
A - amount in account
P = principal invested
r = annual interest rate
n = number of times per year that interest is compounded
t = number of year
How much money will be in the account after three years?
Answers: 1
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4. A deposit of $4000 is made into a savings account that pays 2.48% annual interest rate compounded...
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