(3.26) Georgi Rostov deposits $4,000 in a savings account that pays 8% interest compounded monthly. Three years later, he deposits $5,000. Two years after the $5,000 deposit, he makes another deposit in the amount of $7,000. Four years after the $7,000 deposit, half of the accumulated money is transferred to a fund that pays 9% interest compounded quarterly. How much money will be in each account six years after the transfer?

asked by guest
on Nov 22, 2024 at 8:40 am



Mathbot Says...

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