Posted by **Kat** on Tuesday, September 6, 2011 at 11:01pm.

you invest $10,000 in a savings account that pays 6.6%, compounded quarterly for 15 years. How much money is in the account in 15 years?

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**Creative Teacher**, Wednesday, September 7, 2011 at 10:11am
These should be your figures.

Investment $10,000

Interest rate before compounding 6.6%

Investment period 15 years.

15 yr.

daily 6.822% value $26,909.94

weekly 6.818% 26,895.46

monthly 6.808% 26,839.44

quarterly 6.765% 26,695.80

semi-ann 6.709% 26,485.59

annual 6.600% 26,083.03

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