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slamgirl [31]
3 years ago
9

A newborn child receives a $5000 gift toward a college education from her grandparents. How much will the $5000 be worth in 20 y

ears if it is invested at 7.3% compounded quarterly?
Mathematics
1 answer:
igomit [66]3 years ago
3 0

Step-by-step explanation:

5000:100=50

50×7,3=365

365×20=7,300$

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Try comparing your solution with the following:

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Answer:

x=\frac{40}{17}

Check:

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<em>Hope this was helpful.</em>

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