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naomiu24
naomiu24 naomiu24
  • 16-02-2017
  • Mathematics
Answered

How much compound interest is earned on $3500 at 3.6% interest for 7 years, compounded quarterly? Give your answer in dollars and cents. Don’t forget to subtract P from A.

Verified Answer :

rhycer12
rhycer12 rhycer12
  • 16-02-2017

The answer is : $998.01 . hope tthis helps as the end result is $4,498.01

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