Question

what formula should i use!? Earnest opens a savings account with $5,000. He deposits $900 each year into the account that compounds quarterly and has a 0.75% interest rate. What will his account total be in 5 years?

Answer 1

Ok, let's look at this together, unless you think with this you'll be ok?

Answer 2

Remember there are 4/year in quarterly.

Answer 3

So n = 4

Answer 4

@arielballard11