please help solve problem. 1) suppose you deposit $ 1,200 in an account with an annual interest rate of 6% compounded quarterly.
A) find the amount of money in the account after 8 years.
B) how many years will it take for the account to contain $ 2,400?
C) if the interest were compounded continuously, how much money would the account contain after 8 years?
A) find the amount of money in the account after 8 years.
B) how many years will it take for the account to contain $ 2,400?
C) if the interest were compounded continuously, how much money would the account contain after 8 years?