Question:

You deposit $140 each quarter into an account earning 7.5%

Last updated: 7/21/2022

You deposit $140 each quarter into an account earning 7.5%

You deposit $140 each quarter into an account earning 7.5% interest compounded quarterly. a) How much will you have in the account in 25 years? b) How much total money will you put into the account? c) How much total interest will you earn?