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3 years ago

9

A newborn child receives a $5000 gift toward a college education from her grandparents. How much will the $5000 be worth in 20 y

ears if it is invested at 7.3% compounded quarterly?

1 answer:

igomit [66]3 years ago

3 0

Step-by-step explanation:

5000:100=50

50×7,3=365

365×20=7,300$

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