Homework Help: Math

Posted by Jason on Sunday, July 8, 2012 at 4:26pm.

Find the balance in the account.

$2,500 principal earning 4%, compounded quarterly, after 4 years

Math - Steve, Sunday, July 8, 2012 at 7:08pm
2500(1+.04/4)^(4*4) = 2931.45
Math - Reiny, Sunday, July 8, 2012 at 7:29pm
what is
2500(1.01)^16 ?

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