lydieeat2much
lydieeat2much lydieeat2much
  • 13-04-2020
  • Mathematics
contestada

Clay deposited $500 in a savings account which pays 8.2% interest,
compounded quarterly. What was his balance at the beginning of the
third quarter?

Respuesta :

hellobaby89 hellobaby89
  • 13-04-2020

Answer:

Abou 544.64 or exactly 544.637684

Step-by-step explanation:

You need to remeber to add the new interest every quarter. To find how much the new interest increases each quarter.

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