asked 42.1k views
16 votes
Write the function that the balance after t years $35000 deposit that earns 9.2% annual interest compounded quarterly

asked
User Thaking
by
7.9k points

1 Answer

5 votes

Answer:A = P(1+r/n)nt

A = 3500(1+.092/4)4t

Explanation:

answered
User Chinthakad
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.