1. Ernie Boddy had $3,620.00 on deposit at savings bank on July 1. The money earns interest at a rate of 6.5% compounded quarter

Question

2 years ago

9

1. Ernie Boddy had $3,620.00 on deposit at savings bank on July 1. The money earns interest at a rate of 6.5% compounded quarter

ly. a. What is the amount in the account on April first of the following year if no deposits or withdrawals were made? B. How much is the compound interest?

Mathematics

1 answer:

laila [671] · Answer 1 · 2022-10-26T07:44:35+03:00

laila [671]2 years ago

7 0

Answer:

235.3$ for part a