posted by Scott Ingraham on .
Vic French mad deposits of 5000 at the end of each quarter to book bank, which pays 8% intrest compounded quarterly. After 3 years, Victor made no more deposits. What will be the balance in the account 2 years after the last deposit? I do not understand how to figure out this problem whats so ever. I have been trying to figure out this out via texas instrument calculator using the N,I/Y,PV,PMT.FV Help