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Mathematics 18 Online
Abl:

Walter's savings account has a balance of $273. After 5 years, what will the amount of interest be at 5% compounded quarterly?

werewolf:

what are the answers?

Abl:

a. $6.83 c. $77.00 b. $68.00 d. $82.00

Abl:

Thank you, as well

Abl:

Okay, i will check.

werewolf:

ok

Abl:

Nope, and i cant see which is the correct one :(

Abl:

1 attachment
werewolf:

give me a min

werewolf:

look up the compound interest then pug it in the equation

Gdeinward:

this should help. It is perfect for your problem

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