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you invest $10,000 in a savings account that pays 6.6%, compounded quarterly for 15 years. How much money is in the account in 15 years?

  • math -

    These should be your figures.
    Investment $10,000
    Interest rate before compounding 6.6%
    Investment period 15 years.
    15 yr.
    daily 6.822% value $26,909.94
    weekly 6.818% 26,895.46
    monthly 6.808% 26,839.44
    quarterly 6.765% 26,695.80
    semi-ann 6.709% 26,485.59
    annual 6.600% 26,083.03

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