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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asked Sep 25, 2022 135k views

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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

Biofractal asked

$User Biofractal$

by Biofractal

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Answer: A = $4,439.28

Rounded would be $4,439.3

Explanation:

Mayur Kotlikar answered Oct 1, 2022

by Mayur Kotlikar

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