If 3500 is deposited at the end of each quarter in an account that earns...

50.1K

Verified Solution

Question

Basic Math

image

If 3500 is deposited at the end of each quarter in an account that earns 8 compounded quarterly after how many quarters will the account contain 100 000 Round your answer UP to quarter quarters

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students