Mathematics, 20.04.2020 20:12 jeanma0
Yusef deposits $50 into a savings account that pays 3.25% interest compounded quarterly. The amount. A in his account can be determined by the formula
where P is the initial amount invested, is the interest rate, is the number of times per year the money is compounded, and is the number of years for which the
money is invested. What will his investment be worth in 12 years it he makes no other deposits or withdrawals?
Answers: 3
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Yusef deposits $50 into a savings account that pays 3.25% interest compounded quarterly. The amount....
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