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Krysta is saving up money to buy a car. Krysta puts 10,000.00 into an account which earns 6% interest, compounded quarterly. How much will she have in the account after 10 years?

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解答

Krystaissavingupmoneytobuyacar.Krystaputs10,000.00intoanaccountwhichearns6%interest,compoundedquarterly.Howmuchwillshehaveintheaccountafter10years?

解答

Amount:18140.18
求解步骤
Translate the problem into an equation:A=10000(1+40.06​)4⋅10
10000(1+40.06​)4⋅10=18140.18408…
Round to the nearest hundredth:18140.18
Amount:18140.18

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