Jim opened an account with $400. The account pays three percent quarterly. How much is in the account at the end of two years? Round to the nearest dollar. (Points : 1)
5. Use this table to answer questions 5 through 8. Principal Rate Compounded Time Final Amount $10,000 2% daily 5 y A $10,000 2% quarterly 5 y B $10,000 3% semiannually 10 y C $10,000 3% quarterly 10 y D Calculate A. Round to the nearest dollar. (Points : 1) 6. Calculate B. Round to the nearest dollar. (Points : 1)
7. Calculate C. Round your answer to the nearest dollar. (Points : 1)
8. Calculate D. Round your answer to the nearest dollar. (Points : 1)