thepharao1 thepharao1
  • 18-12-2016
  • Mathematics
contestada

Emma put $35,000 in an education
account on the day her daughter was born. If the account earned 5.85% interest
compounded quarterly, what was the total
in the account when her daughter turned
18? Round the final answer to the nearest
cent.

Respuesta :

MathisLif3
MathisLif3 MathisLif3
  • 18-12-2016
A = ( 1 +r/n)^nth
or something, use .0585
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