Suppose that when your friend was born, your friend's parents deposited $7000 in an account paying 6.3% interest compounded quarterly. What will the account balance be after 15 years?

Step-by-step explanation:

okay I think you can solve this question now ☺️

for this case we must apply distributive property to the following expression:

the distributive property states that:

then, when applying the property we have to multiply the -2 for each term within the parenthesis: