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kenbaby
 2 years ago
please helpppp
Kelly invested $1875 in a savings account which earns 3.35% interest compounded quarterly. What will the account be worth in 7 years?
$3,292.34
$1,987.72
$4,717.31
$2,368.20
kenbaby
 2 years ago
please helpppp Kelly invested $1875 in a savings account which earns 3.35% interest compounded quarterly. What will the account be worth in 7 years? $3,292.34 $1,987.72 $4,717.31 $2,368.20

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NaCl
 2 years ago
Best ResponseYou've already chosen the best response.1Use this M=P(1+(i)/(n))^(n*t)

NaCl
 2 years ago
Best ResponseYou've already chosen the best response.1M=1875(1+(0.0335)/(4))^(4*7) = ?

kenbaby
 2 years ago
Best ResponseYou've already chosen the best response.1how do i do ^ on a calculator

NaCl
 2 years ago
Best ResponseYou've already chosen the best response.1copy n paste it onto here http://www.wolframalpha.com/

NaCl
 2 years ago
Best ResponseYou've already chosen the best response.1and tell me what you get @kenbaby

kenbaby
 2 years ago
Best ResponseYou've already chosen the best response.1I got that too :) thank you!
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