Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. find the final amount of money in an account if 8

Find the final amount of money in an account if 8 600 is deposited at...

50.1K

Verified Solution

Question

Basic Math

image

Find the final amount of money in an account if 8 600 is deposited at 3 5 interest compounded quarterly every 3 months and the money is left for 9 years The final amount is Round answer to 2 decimal places

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Capital Structure Analysis The Rivoli Company has no debt outstanding, and its financial position is given by...

Finance
Q

A symmetrical 2D plate is bounded by the curve ?=?2 and ? =2−?2. Find the first...

Basic Math
Q

2. Industrialist H.E. Pennypacker wants information on the customers that patronize his bicycle stores. He surveyed 81...

Basic Math
Q

1. In cats, long hair (s) is recessive to short hair (S). a) A true-breeding (homozygous) shorthaired male...

Biology
Q

10. According to the National Health and Nutrition Examination Survey and the Epidemiologic Follow-up Study the...

Basic Math
Q

Prove or disprove whether the function f: Z x Z -> Z x Z given by...

Advance Math
Q

Use the Black-Scholes formula to find the value of a call option based on the following...

Finance
Q

From approximately 240 to 66 million years ago, dinosaurs dominated most of the land habitats...

Biology
Q

2016 2017 2 A particle having charge equal to proton and mass 12 10 21...

Physics
Q

Let B 7 1 5 32 and C 7 C 2 1 6 Find 5B...

Algebra
Q

Assume (1) estimated fixed manufacturing overhead for the coming period of $211.000,(2) estimated variable manufacturing...

Accounting
Q

Choose the statement which best explains how the Return Signal Momentum works in practice. Select...

Finance