Raymond B. answered 03/25/23
Tutor
5
(2)
Math, microeconomics or criminal justice
453(1+.04/4)^4(2)
=453(1.01)^8
= about $490.53
Donna S.
asked 10/09/20becky savings account has a balance of $453.00. After 2 years what will the amount of interest be at 4% compounded quarterly
Raymond B. answered 03/25/23
Math, microeconomics or criminal justice
453(1+.04/4)^4(2)
=453(1.01)^8
= about $490.53
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