Olga deposited $1,500 in a savings account that pays 7.5% interest,
compounded quarterly. What is the balance in her account at the
beginning of the fourth quarter?
Based on the question I generated the equation 1500(1.075^x). X being quarterly pays. To solve the question i input 3 for X considering she hasnt been payed for the forth quarter. The answer you get should be ~$1863.45
