Tina invests $3,700 into an account with a 4.4% interest that is compounded quarterly. How much money will she have in this account if she keeps it for 8 years? Round your answer to the nearest cent.

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asked Feb 17, 2022 234k views

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Tina invests $3,700 into an account with a 4.4% interest that is compounded quarterly. How much money will she have in this account if she keeps it for 8 years? Round your answer to the nearest cent.

Mathematics
high-school

Sam Salim asked

by Sam Salim

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9 votes

Answer:

I believe the balance would be 5,221.6 (Rounded to the Nearest Tenth)

Jeha answered Feb 23, 2022

by Jeha

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