The APR of Kylee's savings account is 5.6% and the interest is compounded quarterly. If the principal in Kylee's savings account
is $5800 for an entire year, what will be the balance of her account after all the interest is paid?
1 answer:
A=5,800×(1+0.056÷4)^(4×1)
=6,131.68
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I believe you just multiply 150x3 and get 450
The answer should be X= 88/3 or x= 29 1/3
