Kaylee invested $910 in an account paying an interest rate of 2.6% compounded
quarterly. Assuming no deposits or withdrawals are made, how much money, to the
nearest dollar, would be in the account after 10 years?

$1,179

Step-by-step explanation:

Lets use the compound interest formula provided to solve this:

P = initial balance

r = interest rate (decimal)

n = number of times compounded annually

t = time

First, lets change 2.6% into a decimal:

2.6% -> -> 0.026

Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:

The account balance after 10 years will be $1,179

sinn is the total amount of students now and m were the students before, you subtract them both (n-m) and divide that by m. then, since to get a percentage from a fraction you have to multiply by 100, your answer should look like this: n-m/m*100

step-by-step explanation: