sammy s.

asked • 10/06/16

math finance word problem

Rebecca put $34,000 in an education
account on the day her daughter was born. If the account earned 5.95% interest
compounded quarterly, what was the total
in the account when her daughter turned
18? Round the final answer to the nearest
cent

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.