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You deposit $150 into an account that yields 2% interest compounded quarterly. how much money will you have after 5 years?

You deposit $150 into an account that yields 2% interest compounded quarterly. how much money will you have after 5 years?
asked 10.5k views
13 votes
You deposit $150 into an account that yields 2% interest compounded quarterly. how much money will you have after 5 years?

asked
User Ric
by
7.7k points

1 Answer

12 votes

Answer:

2 divided by 100 multiply 150

answered
User Lacobus
by
8.4k points
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