matt202948 matt202948

24-03-2018
Mathematics

contestada

suppose $2000 is deposited in an account paying 2.5% interest compounded quarterly . what will the account balance be after 12 years

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louerrayarbrough louerrayarbrough

24-03-2018

2.5% of 2,000 dollars is 50$
50(12) = 600
2,000-600 = 1,400

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