Bob Bryan made deposits of $10,000 at the end of each quarter to Lion Bank, Which pays

Question:

Bob Bryan made deposits of $10,000 at the end of each quarter to Lion Bank, Which pays 8% interest compounded quarterly. After 9 years, Bob made no more deposits. What will be the account’s balance 4 years after the last deposit?


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: