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Sandy invest $1500 into an account with 3.5% interest, compounded quarterly. How much money will be in the account after 8 years? 

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Related questions

For a eight year period, Mike deposited $600 each quarter intoan account paying 3.6% annual interest compounded quarterly. (Roundyour answers to the nearest cent.)


(a) How much money was in the account at the end of 8 years?Show work.


(b) How much interest was earned during the 8 year period? Showwork.


Mike then made no more deposits or withdrawals, and the money inthe account continued to

earn 3.6% annual interest compounded quarterly, for 5 moreyears.


(c) How much money was in the account after the 5 year period?Show work.


(d) How much interest was earned during the 5 year period? Showwork.

!!

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