Seudónimo Seudónimo

02-02-2020
Mathematics

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If on the first of January a savings account has a balance of $3,200, what amount will be in this account after 3 years if the bank gives 6% per year interest compounded quarterly? ( Assume that there are no deposits or withdrawals of money during these three years.)

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Cvelasq12 Cvelasq12

02-02-2020

Answer:

3,811 is the answer to your equation.

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