How much would you have in a bank account at the end of 9 years if $9,390 is invested at 3% compounded quarterly?

we have 4*9 = 36 quarterly

so : the 3% of $9,390 is 9390 * 0,03 = 281,7

so : 281,7 * 36 = 10141,2

so : 9390 + 10141,2 = 19531,2

so : you have in a bank account after the 9 years $19531,2

Good luck

Please if you have an other homework call me first i will give you the best solution

have a great day

Karim

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