Mathematics: Suppose that when your friend was born, your friends parents deposited $7000 in an account paying 5.5% interest compounded quarterly. what will the account balance be after 13 years?

Suppose that when your friend was born, your friends

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10242000cw

03.01.2022

$96,005, Because $7000 plus this interest. Which 5.5% equals 385, so $7000 plus 385 equals $7385, then you multiply $7386 times 13 and you get $96,005.

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heids17043

15.09.2020

Mathematics

Solve the following inequality. -3.55g 5-28.4. Which graph shows the correct solution? 3 4 5 6 7 8 9 10 11 12 13 3 4 5 6 7 8 9 10 11 12 13 3 4 5

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Suppose that when your friend was born, your friends parents deposited $7000 in an account paying 5.5% interest compounded quarterly. what will the account balance be after 13 years?

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