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Jason deposits $1200 in an account that earns 7% interest compounded quarterly. How much will Jason have after 6 years?

Jason deposits $1200 in an account that earns 7% interest compounded quarterly. How much will Jason have after 6 years?
asked 194k views
3 votes
Jason deposits $1200 in an account that earns 7% interest compounded quarterly. How much will Jason have after 6 years?

asked
User Zoleas
by
7.8k points

2 Answers

2 votes

Answer:

50400

Explanation:

hope this helps

answered
User Pmadhu
by
8.0k points
6 votes
the amount is $1819.73 and the interest is $619.73
answered
User Nergal
by
8.5k points
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