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you deposit $5,000 in an account that pays 5% annual interest compounded quarterly. what is the balance after 3 years?
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you deposit $5,000 in an account that pays 5% annual interest compounded quarterly. what is the balance after 3 years?

User Mlemay
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1 Answer

6 votes
B=PRT
5000*0.5*12= $30000
User Albeee
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