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Alenkinab [10]
3 years ago
11

The APR of Kylee's savings account is 5.6% and the interest is compounded quarterly. If the principal in Kylee's savings account

is $5800 for an entire year, what will be the balance of her account after all the interest is paid?
Mathematics
1 answer:
yuradex [85]3 years ago
4 0
A=5,800×(1+0.056÷4)^(4×1)
=6,131.68
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