Whitney deposited $2,400,000 into an account in which interest is compounded quarterly at a rate of 2.9%. She made no other deposits or withdrawals. What was the amount after 12 years? A $2,470,532.59

B $7,471,532.89

C $2,617,330.43

D $3,394,692.90

Step-by-step explanation:

amount = principle* (1 + (r/n) ) ^ (n*t)

amount = 2,400,000*[ 1 + (0.029 / 4 ) ]  ^ (.029*12)

amount = 2,400,000* [ 1 + .00725 ] ^0.348

amount = 2,406,0400

the 2 figures are congruent bc if you reflect abcd over the y axis then over the d axis the figures overlap

answer: just subtact the units and then add the non negative : happy to

step-by-step explanation: