Question

Jeremy invests $9,100 into an account with a 2.6% interest rate that is compounded quarterly. How much money will be in this account after 6 years?

Round your answer to the nearest cent. Do NOT round until you have calculated the final answer

Answer 1

$39.43

Explanation:

he invested $9,100 .we divide the amount he invested by the interest rate $9,100/2.6% = $236.6 from there multiple by 6years $14,192