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Dennis_Churaev [7]

2 years ago

12

Jeffrey opened a savings account with $15,000. His annual interest rate is 4.8%, and his interest is compounded quarterly. How m

uch is in Jeffrey’s account after 7 years? interest compounded quarterly: A = P (1 + )4t

1 answer:

Lena [83]2 years ago

7 0

I believe it is $33.60

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