The owner of Sebastopol Tree Farm deposits $450 at the end of each quarter into an account paying 7% compounded quarterly. What is the value of the account at the end of 6 years?
A) $9,925.12
B) $13,279.96
C) $14,306.25
D) $13,847.64
E) $14,658.37

Question

The owner of Sebastopol Tree Farm deposits $450 at the end of each quarter into an account paying 7% compounded quarterly. What is the value of the account at the end of 6 years? ​
A) $9,925.12
B) $13,279.96
C) $14,306.25
D) $13,847.64
E) $14,658.37

Quizplus · Accepted Answer

The Answer of The owner of Sebastopol Tree Farm deposits $450 at the end of each quarter into an account paying 7% compounded quarterly. What is the value of the account at the end of 6 years? ​
A) $9,925.12
B) $13,279.96
C) $14,306.25
D) $13,847.64
E) $14,658.37

The Owner of Sebastopol Tree Farm Deposits $450 at the End