Posted by **Please help!** on Monday, April 9, 2012 at 6:53pm.

Suppose $5000 is deposited in a bank account that compounds interest four times per year. The bank account contains $9900 after 13 years. What is the annual interest rate for this bank account?

i already set it up but i don't know where to go from there. Please help

## Answer this Question

## Related Questions

- math - Suppose $5000 is deposited in a bank account that compounds interest four...
- calculus - Suppose $5000 is deposited in a bank account that compounds interest ...
- math - I have been staring at this problem forever, and cant seem to dig it up ...
- Alg 2 - Suppose you deposit a principal amount of p dollars in a bank account ...
- Alg2 - Help....Help... Suppose you deposit a principal amount of p dollars in a ...
- algebra - Hassan deposited $7,500 into a bank account. At the end of 3 years, ...
- Pre-Algebra help PLZ!! - Hassan deposited $7,500 into a bank account. At the end...
- math - You receive $12,000 and looking for a bank to deposit the funds. Bank A ...
- math - You receive $12,000 and looking for a bank to deposit the funds. Bank A ...
- Compound interest - Hello My teacher skipped over this and I have no clue how to...