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OpenStudy (anonymous):
If $4500 is deposited in a bank paying %8 compunded quarterly, then how much interest will be earned at the end of 6 years? The formula of compound of interest is A= [ 1 + R/N] nt A) $ 353,235.81 B) $24,035.31 C) $ 7237.97 D) $ 2737.97
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OpenStudy (anonymous):
I'm literally scratching my head on this one. So, if anyone could help me you would be a total lifesaver.
OpenStudy (anonymous):
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