Posted by **shaunta** on Monday, March 11, 2013 at 12:21am.

1. If you were to place $15,000 in the bank at 3% interest, how much would you have in the bank after one year if the interest were compounded quarterly?

- business math/finance -
**Dr. Jane**, Monday, March 11, 2013 at 11:04am
A = 15000(1+.03/4)^4

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