Friday

November 28, 2014

November 28, 2014

Posted by **Jake** on Thursday, April 26, 2012 at 2:50pm.

- math -
**Reiny**, Thursday, April 26, 2012 at 3:18pmthe time of 11.6 years is unusual in a question when the interest period is in "quarter years"

11.6 years would be 11.6(4) or 46.4 quarters

amount = 500(1.02)^46.4 = 1253.19

**Answer this Question**

**Related Questions**

math - Eric deposted $32,000 in a savings account to save for his children's ...

math - Compound Interest Question James has 10,000 to invest. If he invest money...

math - a person deposits five hundred dollars in a savings account that pays 5...

Math - a person deposited $500 in a savings account that pays 5% annual interest...

math - 37. A person deposited $500 in a savings account that pays 5% annual ...

Math - A person deposited $500 in a savings account that pays 5% annual interest...

math - 37. A person deposited $500 in a savings account that pays 5% annual ...

Precalculus - NEED HELP ASAP PLEASE!! A savings account starts with $600 and ...

Math - James has 10,000 to invest. If he invest money in a savings account that ...

math - a person deposited $500 in a savings account that pays 5% annual interest...