Ask Question
23 November, 15:45

Suppose you invest $250 in an account that pays 2.4% compounded quarterly. After 30 months, how much is in your account?

+4
Answers (1)
  1. 23 November, 15:53
    0
    I = Prt

    I = (250) (0.024) (2.5)

    I = 15

    $250 + $15

    $265
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose you invest $250 in an account that pays 2.4% compounded quarterly. After 30 months, how much is in your account? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers