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kaheart [24]
3 years ago
8

Pete Rool made deposits of $6,000 at the end of each quarter to Rote Bank, which pays 8% interest compounded quarterly. After 3

years, Pete made no more deposits. What would be the balance in the account 2 years later, from the last deposit?
Business
1 answer:
Aleksandr [31]3 years ago
8 0
Prt                   i=prt
p=$6000         i=6000x8%x3yr
r=8%               i=1440x2=2880
t=3yr              
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Answer and Explanation:

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