Question: i need help solving this question i thought i did it right but it said i got the answer wrong here's the question You just
i need help solving this question i thought i did it right but it said i got the answer wrong
here's the question
You just deposited $3,500 in a bank account that pays a 12% APR, compounded quarterly. If you also add another $7,000 to the account one year from now and another $10,500 to the account two years from now, how much (in $) will be in the account three years from now? (Round your answer to the nearest cent.)
the answer i got was 25,675.04 and it was counted wrong. could you help me understand why this was wrong?
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