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4 more world problems

1.​$2000 principal earning 6% compounded​ annually, 8 years?
2.Suppose that when your friend was​ born, your​ friend's parents deposited ​$4000 in an account paying 5.8% interest compounded quarterly, What will the account balance be after 13 ​years?
3.suppose your​ friend's parents invest $25,000 in an account paying 6 % compounded annually. What will the balance be after 8 ​years?
4. deposit earning 4.2 %compounded​ monthly, after 4 years?

1 Answer

2 votes
1.$3,187.69 Rounded= $3,187.70
2. $8,456.03
3. $39,846.20
4. Is that the whole problem?
User Hardik Mer
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