A 41-year-old man puts $1000 in a retirement account at the end of each quarter until he reaches the age of 66, then makes no further deposits. If the account pays 5%
interest compounded quarterly, how much will be in the account when the man retires at age 71?

step-by-step explanation:

the multiplicative inverse of a fraction a/b is b/a. for the multiplicative inverse of a real number, divide 1 by the number. for example, the reciprocal of 5 is one fifth 1/5 or 0.2, and the reciprocal of 0.25 is 1 divided by 0.25, or 4.

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