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kyleighdenise kyleighdenise
  • 22-02-2017
  • Mathematics
Answered

You invest an initial $1,000 in an account that has an annual interest rate of 2%, compounded quarterly. How much money will you have in the account after 5 years? Round your answer to the nearest whole number

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Aiyanafrey3 Aiyanafrey3
  • 22-02-2017

1,400 it will be 20 qrtly making 80 a year time 5 years

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