Ask your own question, for FREE!
Mathematics 7 Online
OpenStudy (anonymous):

You deposit $6,000 in an account that pays 5.25% interest compounded semiannually. After ten years, the interest rate is increased to 5.4% compounded quarterly. What will be the value of the account after 8 more years?

OpenStudy (anonymous):

do you know the compounded interest formula?

OpenStudy (anonymous):

I thought I did but I keep getting every problem wrong...

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!