Answer:
I think it is 24 but I don't know the rest sorry 乁( •_• )ㄏ
It should be 5>=
Your welcome
Hi there
The formula of compound interest is
A=p (1+r/k)^kn
A future value?
P present value 12300
R interest rate 0.052
K compounded quarterly 4
N time 1 year
So
A=12,300×(1+0.052÷4)^(4×1)
A=12,952.18
Good luck!
