Top Posters
Since Sunday
g
1
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
arunasingh5 arunasingh5
wrote...
Go to Answer
Posts: 140
Rep: 2 0
A year ago

Micah puts $600 in a bank at the end of every three months. The bank pays 12% compounded quarterly. Assuming Micah does this for six years, what is the total interest she will receive?

Note: Round your answer to the nearest cent.

Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
Read 93 times
1 Reply
Replies
Answer verified by a subject expert
traumajefftraumajeff
wrote...
#1
Posts: 132
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

arunasingh5 Author
wrote...

A year ago
This calls for a celebration Person Raising Both Hands in Celebration
bioc
wrote...

Yesterday
Correct Slight Smile TY
annakc
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  1848 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 923
  
 522
  
 2538
Your Opinion
Previous poll results: What's your favorite funny biology word?