Thermal systems, a company that specializes in odor
control, made deposits of $10,000 now, $25,000 at the end of month
6, and$30,000 at the end of month 9. determine the future worth(end
of year 1) of the deposits at an interest rate of 16% peryear,
compouned quarterly.

$69,939

Step-by-step explanation:

The equation that describes the future value of an investment with an yearly rate compounded quarterly is:

Where FV is the future value, PV is hte present value, i is the yearly interest rate, and t is the time in years.

The future value of the deposits is:

The future worth of the deposits is $69,939.

c. 6tan80

step-by-step explanation:

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