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3 years ago

15

You deposit $7,900 in a money-market account that pays an annual interest rate of 4.3%. The interest is compounded quarterly. Ho

w much money will you have after 3 years?

1 answer:

aivan3 [116]3 years ago

5 0

A=7,900×(1+0.043÷4)^(4×3)
A=8,981.57

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