Haley invests $1,500 into an account that earns 4.5% interest compounded quarterly. How much money will her account be worth in 15 years?

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.4: Geometric Sequences And Series
Problem 7SC
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Haley invests $1,500 into an account that earns 4.5% interest compounded quarterly. How much money will her account be worth in 15 years?

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