Question

please helpppp
Kelly invested $1875 in a savings account which earns 3.35% interest compounded quarterly. What will the account be worth in 7 years?

$3,292.34

$1,987.72

$4,717.31

$2,368.20

Answer 1

@NaCl

Answer 2

Use this M=P(1+(i)/(n))^(n*t)

Answer 3

M=1875(1+(0.0335)/(4))^(4*7) = ?

Answer 4

how do i do ^ on a calculator

Answer 5

lol you dont !

Answer 6

copy n paste it onto here http://www.wolframalpha.com/

Answer 7

and tell me what you get @kenbaby

Answer 8

@NaCl

Answer 9

2,368.20 is your answer

Answer 10

I got that too :) thank you!

Answer 11

yw :D