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3 years ago

5

Dylan invested $93,000 in an account paying an interest rate of 3% compounded quarterly. Assuming no deposits or withdrawals are

made, how much money, to the nearest cent, would be in the account after 17 years?

1 answer:

Andreas93 [3]3 years ago

6 0

The final balance is $154,577.63 or

The total compound interest is $61,577.63

Step-by-step explanation:

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