February 23, 2017

Homework Help: Math

Posted by Breanna on Friday, July 31, 2009 at 1:09am.

Using the compound interest formula

A = P (1+ ((r)/ (n)) ^nt

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.)

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

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions