If you invested $2000 in an account that paid 8% annual Interest compounded quarterly, how much would the account be worth in 10 years? Round to the nearest hundredth/cent.

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Ray Burgemeestre asked Mar 9, 2022

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If you invested $2000 in an account that paid 8% annual Interest compounded quarterly, how much would the account be worth in 10 years?

Round to the nearest hundredth/cent.

Mathematics
high-school

Ray Burgemeestre asked Mar 9, 2022

by Ray Burgemeestre

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Answer: A = $4,439.28

Rounded would be $4,439.3

Explanation:

MacGile answered Mar 13, 2022

by MacGile

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