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3 years ago

10

Suppose you invest $250 in an account that pays 2.4% compounded quarterly. After 30 months, how much is in your account?

1 answer:

notka56 [123]3 years ago

5 0

<em>I</em> = Prt
<em>I</em> = (250)(0.024)(2.5)
<em>I</em> = 15
$250 + $15
$265

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