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3 years ago

12

If $2,500 is deposited into a new account that earns 2% interest compounded quarterly and there are no other deposits or withdra

wals, how much interest is earned after 15 years?

1 answer:

Burka [1]3 years ago

5 0

Answer:

The amount is $3372.13 and the interest is $872.13

Step-by-step explanation:

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We substitute one of the points and find "b":

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ANswer:

$y = - \frac {3} {2} +2$

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