The owner of Sebastopol Tree Farm deposits $400 at the end of each quarter into an account paying 5% compounded quarterly. What is the value of the account at the end of 9 years?

Please round the answer to the nearest cent.

$ __________

Question

The owner of Sebastopol Tree Farm deposits $400 at the end of each quarter into an account paying 5% compounded quarterly. What is the value of the account at the end of 9 years?
​
Please round the answer to the nearest cent.
​
$ __________

Quizplus · Accepted Answer

The Answer of The owner of Sebastopol Tree Farm deposits $400 at the end of each quarter into an account paying 5% compounded quarterly. What is the value of the account at the end of 9 years?
​
Please round the answer to the nearest cent.
​
$ __________

The Owner of Sebastopol Tree Farm Deposits $400 at the End