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1 . Suppose that every 3 months, you deposit $ 8 6 5 into a savings account whose annual rate is 2 . 1 %

$1 .$ Suppose that every $3$ months, you deposit $ $865$ into a savings account whose annual rate is $2.1 %$ with quarterly compounding. How much will you have in the account after $9$ years?

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Question

1 . Suppose that every 3 months, you deposit $ 8 6 5 into a savings account whose annual rate is 2 . 1 %

1. Suppose that every 3 months, you deposit $865 into a savings account whose annual rate is 2.1% with quarterly compounding. How much will you have in the account after 9 years?

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Step: 1

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$1 .$ Suppose that every $3$ months, you deposit $ $865$ into a savings account whose annual rate is $2.1 %$ with quarterly compounding. How much will you have in the account after $9$ years?