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If you invested $6,500 into an account that pays 8% annual interest compounded quarterly, how much money would you have in your account after 4 years

If you invested $6,500 into an account that pays 8% annual interest compounded quarterly, how much money would you have in your account after 4 years
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if you invested $6,500 into an account that pays 8% annual interest compounded quarterly, how much money would you have in your account after 4 years

User Ansley
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8.1k points

1 Answer

1 vote

Answer:

2,080

Explanation:

User Md Johirul Islam
by
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