Math
posted by Robert .
If Brad invests $2700 in an account paying 11% compounded quarterly. How much is in the account after 6 months?

2700*[1 + (0.11/4]^2 = $2850.54
Respond to this Question
Similar Questions

math
Linda invests $15,000 in a retirement account that pays 9%interest compounded monthly. How much will she have in this account after 5 years? 
math
A family invested $4,000 and paying 6% compounded monthly, how much is in the account after 5 months. 
algebra
$11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18 years? 
math
at the end of every 3 months, Rita deposits $100 into an account that pays 5% compounded quarterly. After 5 yrs, she puts the accumulated amount into a certificate of deposit paying 8.5% compounded semiannually for 1 yr. when this … 
algebra 2
$11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18 years? 
differential equation
If P(t) is the amount of dollars in a savings bank account that pays a yearly interest rate of r% compounded continuously ,then dP/dt=(r/100)(P) , t in years . Assume the interest is 5% annually ,P(0)=$1000 ,and no monies are withdrawn … 
Math
As a savings plan for college, when their son Bill was born, the Johnson's deposited $10,000 in an account paying 4% compounded quarterly. How much is this account when Bill is 18 years old? 
Math
suppose that when your friend was born your friends parents deposited $4000 in an account paying 4.1% interest compounded quarterly. what will the account balance be after 15 years? 
PRECALCULUS
. Sam won $150,000 in the Michigan lottery and decides to invest the money for retirement in 20 years. Find the accumulated value for Samâ€™s retirement for each of his options: (a) a certificate of deposit paying 5.4% compounded yearly … 
math
Riley invests $100 in the year 2000. The account is compounded annually. The account earns 3% interest for a period of 30 years. After 30 years, how much money will be in the account?