Question

Miss Dave started a bank account with a balance of $30. There is an annual the quarterly is rate 7% How much would she have in the next 20 years from now.when will she have $500?​

Answer 1

Answer: 120.19

Step-by-step explanation: Use the compound interest formula, A=P(1+r/n)^nt. Plug ig your numbers for the variables and solve as an algebra problem for A.