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You deposit $100 in an account that pays 3.6% annual interest compounded q...
Mathematics, 21.05.2020 09:59 kaylinreed7
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You deposit $100 in an account that pays 3.6% annual interest compounded quarterly.
a. When does your balance first exceed $1200?
After___ years andmonths
b. Use the compound interest formula to find the balance after this amount of time.
The balance is$
Answers: 1
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