Babyav17 Babyav17
  • 07-04-2018
  • Mathematics
contestada

Yujin Pon has a principal of $900 in her savings account on October 1. The money earns interest at a rate of 6.5% compounded quarterly until July 1 of the following year. What is the amount in the account on July 1?

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philipscaster83
philipscaster83 philipscaster83
  • 07-04-2018
900×(1+0.065÷4)^(9)
=1,040.51
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