How much money would be in an account after 5 years that pays 3% interest, compounded quarterly (4 times per year) if the initial investment is $750? (Round your answer to the nearest penny)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section: Chapter Questions
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How much money would be in an account after 5 years that pays 3% interest, compounded quarterly (4 times per year) if the initial investment is $750? (Round your answer to the nearest penny)
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