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1 year ago

6

Omar deposited $4000 into an account with 4.4% interest, compounded quarterly. Assuming that no withdrawals are made, how much w

ill he have in the account after 10 years?
Do not round any intermediate computations, and round your answer to the nearest cent.

1 answer:

melamori03 [73]1 year ago

7 0

The formula you want is: fv=p(1+int/c)^(nc)
future value
principal
int
compound
years

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