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A savings account earns 9% interest each year, compounded quarterly ( 4 times a year). If a person invests $200 and makes no further deposits or withdrawals, what is the balance in the account after 3
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A savings account earns 9% interest each year, compounded quarterly ( 4 times a year). If a person invests $200 and makes no further deposits or withdrawals, what is the balance in the account after 3 years?

User Bennett Keller
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8.4k points

1 Answer

5 votes

Answer:

50

Explanation:

because i rewirwed it with my teacher

User Jeyhun Rashidov
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8.5k points
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