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A man invests 5000 in an account that pays 85 interest per year compounded quarterly a find the amou

A man invests 5000 in an account that pays 85 interest per year compounded quarterly a find the amou
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A man invests 5000 in an account that pays 85 interest per year compounded quarterly a find the amou

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User Alin
by
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1 Answer

5 votes

Answer:The final balance is $10,806.8.

The total compound interest is $5,806.8.

per year

Step-by-step explanation:

answered
User Marc Stober
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