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PLEASE HELP, THIS IS MY LAST ATTEMPT!!

You plan to invest $350 in a growth fund that has a rate of 1.5% compounded quarterly.

How much money will this investment be worth after 50 years?

Round your answer to the nearest cent, and enter it with a dollar sign, like this: $42.53

User Choppy
by
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1 Answer

5 votes

Answer:

$739.91

Explanation:

350(1+.015/4)^200

User Netsu
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