Ctice for 6-3: Lesson Quiz chool:
Und..
26-3: Ex 1: Exponential Growth
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36-3: Virtual NerdTM. What is
Exponential Grow...
6.3.RE-3
Use the periodic compound interest formula to solve.
Suppose that $17,000 is invested at 4.4% compounded quarterly. Find the total amount of this investment after 7 years.
The amount after 7 years will be $
(Simplify your answer. Do not round until the final answer. Then round to the nearest cent as needed.)