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Maru
[420]
2 years ago
9
5. You deposit $10,000 in an account that pays 6.92% annual interest. Find the balance after 5 years if the interest is compound
ed with the given frequency.
a. Monthly
b. Daily
c. Quarterly
d. Weekly
Mathematics
Answer
Comment
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1
answer:
RoseWind
[281]
2 years ago
7
0
C . Quarterly !
Since you paid off more than half of the annual interest
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