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 2 years ago
Phillip deposited $7,775 into a savings account 14 years ago. The account has an interest rate of 4.5% and the balance is currently $14,398.87. How often does the interest compound?
 2 years ago
Phillip deposited $7,775 into a savings account 14 years ago. The account has an interest rate of 4.5% and the balance is currently $14,398.87. How often does the interest compound?

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Marzattack
 2 years ago
Best ResponseYou've already chosen the best response.0I have a formula of A=p(1+apr/n)n times y and I'm plugging in the numbers but I keep getting 3.508.443
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