Mathematics, 20.04.2021 19:00 kydog00
A bank offers an investment account with an annual interest rate of 1.36% compounded quarterly. Yoko invests $3900 Into the account for 3 years.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the
list of financial formulas.
?
(a) Assuming no withdrawals are made, how much money is in Yoko's account
after 3 years?
(b) How much Interest is earned on Yoko's investment after 3 years?
Answers: 3
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A bank offers an investment account with an annual interest rate of 1.36% compounded quarterly. Yoko...
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