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Degger [83]
2 years ago
8

You invest $500 into a savings account that compounds interest quarterly at a rate of 2%. What will be your account balance afte

r 8 years?

Mathematics
1 answer:
STALIN [3.7K]2 years ago
8 0
I =PRT/100
i = 500(2)(8)/100
i = 80
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