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11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18years.

11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18years.
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11,700 is invested in a compound interest account paying 3.9% compounded quarterly. How much will be in the account after 18years.

User Pauly
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A=p(1+i/m)^mn
A=11,700×(1+0.039÷4)^(4×18)
A=23,527.94
User Jgubman
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