ericakunor ericakunor

24-06-2016
Mathematics

Answered

What is the final amount of $70.00 that is put into a savings account with 16% interest rate for 25 years, if the interest is compounded 4 times per year?

Verified Answer :

daltonhardy daltonhardy

24-06-2016

70.00/16*25-4=105.375

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