Norah Jacob deposited $6,500 in a credit union, which pays an interest of 6% compounded quarterly. Compute the amount that Norah will have in her account after 4 years. (Use Tables 16-1A&B or a calculator.)

Question

Norah Jacob deposited $6,500 in a credit union, which pays an interest of 6% compounded quarterly. Compute the amount that Norah will have in her account after 4 years. (Use Tables 16-1A&B or a calculator.)​

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The Answer of Norah Jacob deposited $6,500 in a credit union, which pays an interest of 6% compounded quarterly. Compute the amount that Norah will have in her account after 4 years. (Use Tables 16-1A&B or a calculator.)​

Norah Jacob Deposited $6,500 in a Credit Union, Which Pays