November 28, 2015

Homework Help: Math

Posted by Breanna on Wednesday, July 29, 2009 at 3:32am.

Use the compound interest formula to solve:

$18,000 is invested in an account paying 3% interest compounded quarterly.

Find the amount of money in the account at the end of 10 years. (Show values substituted in the formula, and calculate the numerical amount.)

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