If $3800 is invested in a savings account for which interest is compounded quarterly, and if the $3800 turns into $4300 in 2 years, what is the interest rate of the savings account?

If $3800 is invested in a savings account for which interest is compounded

quarterly, and if the $3800 turns into $4300 in 2 years, what is the interest
rate of the savings account?

1 Answer

If $3800 is invested in a savings account for which interest is compounded quarterly, and if the $3800 turns into $4300 in 2 years, what is the interest rate of the savings acco…

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