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Find the amount that results from the given investment. $400 invested at 5% compounded quarterly after a period of 2 years After 2 years, the investment results in $ (Round to t…

Find the amount that results from the given investment. $400 invested at 5% compounded quarterly after a period of 2 years After 2 years, the investment results in $ (Round to t…
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Find the amount that results from the given investment.

$400 invested at 5% compounded quarterly after a period of 2 years
After 2 years, the investment results in $
(Round to the nearest cent as needed.)

User Anselma
by
8.3k points

1 Answer

4 votes

Answer:

440dollars............

User Cemulate
by
8.4k points
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