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2 years ago

13

You invest an initial $100 in an account that has an annual interest rate of 3%, compounded quarterly. How much money will you h

ave in the account after 20 years? Round your answer to the nearest whole number.

2 answers:

Aleks04 [339]2 years ago

8 0

180.81 is the answer

Alla [95]2 years ago

3 0

3 dollars qrtly making it 12 a year times 20 years will be 340

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