Answer
$A_{40}=14,169.09$
Work Step by Step
$A_n=10,000(1+\frac{0.035}{4})^n$
$A_{40}=10,000(1+\frac{0.035}{4})^{40}=10,000(1.00875)^{40}=14,169.09$
Algebra and Trigonometry 10th Edition
by Larson, Ron
Published by
Cengage Learning
ISBN 10:
9781337271172
ISBN 13:
978-1-33727-117-2
Chapter 11 - 11.1 - Sequences and Series - 11.1 Exercises - Page 779: 97b
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