Post a New Question


posted by on .

john hunt has invested $500.00 in a savings account that pays 6% annual interest, compounded quarterly. After the second quarter of interest has been credited, what is the amount in the account?

  • math - ,

    500(1+2*.06/4) = $515.00

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question