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6,000 is invested in an account that earns 4.5% annual interest, compound quarterly. What is the value of the account after 8 years?

6,000 is invested in an account that earns 4.5% annual interest, compound quarterly. What is the value of the account after 8 years?
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6,000 is invested in an account that earns 4.5% annual interest, compound quarterly. What is the value of the account after 8 years?

User Acostache
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1 Answer

2 votes
Your answer is 8,582.71
User Maged Hamid
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