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Mathematics, 10.06.2020 07:57 chrisssrutter

Tony wants to put $318,000 in his retirement savings account. It earns an interest rate of 7.1% compounded quarterly. He wants to determine how much he will have in the account after 5 years, even if he makes no additional contributions or withdrawals to the account A. $448099.52
B. $347242.34
C. $452115.44
D. $341186.28
which answer correct

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Tony wants to put $318,000 in his retirement savings account. It earns an interest rate of 7.1% comp...

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