Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. your local bank advertises with a temporary offer.

Your local bank advertises with a temporary offer. If you open a savings account now...

60.1K

Verified Solution

Question

Finance

Your local bank advertises with a temporary offer. If you open a savings account now and put in $1,546, you will receive a 3.5 percent interest p.a., compounding quarterly. How much money will be in your account after 4 years? (round to the nearest $)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Solve differential equation by using undetermined coefficient method y^''+2y^'+y= 4 sin2x

Basic Math
Q

What are the methods of micropropagation of plants? List and explain in detail what they consist...

Biology
Q

the 4 factors limiting a respondents reliability and discuss how these factors can be controlled

Psychology
Q

itical Thinking Assignment Chapter 11 o species of fish had recently undergone sympatric speciation Th...

Biology
Q

A circular hole of radius R 2 is cut from a circular disc of radius...

Physics
Q

59 Use the identity 1 x x x x pproximation n 1 x 1 X...

Basic Math
Q

Find the decimal approximation, rounded to two decimal places, of the solution of the equation.5x...

Calculus
Q

23 Given 4z 36 16 z O 13 and 5 O O O 13 and...

Algebra
Q

On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 77,000 shares of...

Accounting
Q

Required information [The following information applies to the questions displayed below.] The following...

Accounting
Q

Claire Corporation is planning to issue bonds with a face value of $270,000 and a...

Accounting
Q

Use the option quote information shown here to answer the questions that follow. The stock...

Finance