Posted by **mo2** on Monday, July 8, 2013 at 8:15pm.

Susie has decided to make deposits at the end of each quarter in the amout of $5,000. After three years, she makes more deposits and just lets the money sit there for two more years. What will be the balance in the account at the end of that time? Assume the bank will give her 8% interest compounded quarterly.

## Answer This Question

## Related Questions

- Finance - Bob Bryan made deposits of $10,000 at the end of each quarter to Lion ...
- eng.Economic - deposits $1,000 now, $2,000 2 years from now, and $5,000 5 years ...
- Math - The winner of a popular lottery is offered one of two options: i) a lump ...
- math - Suppose a young couple deposits $700 at the end of each quarter in an ...
- Annuities - Vic French mad deposits of 5000 at the end of each quarter to book ...
- business math - If you make two equal deposits now and 5 years from now into an ...
- business math - roger fox made deposits of $ 900 semiannualy to Reel Bank which ...
- Finance - Business Investment A firm of attorneys deposits $5000 of profit-...
- math - A young executive deposits $400 at the end of each month for 7 years and ...
- Financial Math - A young executive deposits $400 at the end of each month for 9 ...

More Related Questions