lalamcg115 lalamcg115

31-08-2021
Mathematics

contestada

Guided Practice

Find the balance in the account.

$500 principal earning 4% compounded quarterly, after 6 years.

A.
$632.66

B.
$530.76

C.
$634.87

Respuesta :

maddymcg408 maddymcg408

31-08-2021

Answer:

C.

$634.87

Step-by-step explanation:

A=500×(1+0.04÷4)^(4×6)

A=634.87

Answer Link

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