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10 September, 07:30

You invest an initial $100 in an account that has an annual interest rate of 3%, compounded quarterly. How much money will you have in the account after 20 years? Round your answer to the nearest whole number.

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Answers (2)
  1. 10 September, 09:22
    0
    180.81 is the answer
  2. 10 September, 09:27
    0
    3 dollars qrtly making it 12 a year times 20 years will be 340
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