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Austin invested $60,000 in account paying an interest rate at 4.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, will be in the account
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May 20, 2022
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Austin invested $60,000 in account paying an interest rate at 4.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, will be in the account after 11 years?
Mathematics
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Remyremy
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Answer:
100,300
Explanation:
Nlucaroni
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May 25, 2022
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Austin invested $60,000 in an account paying an interest rate of 4.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest hundredth dollars, would be in the
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