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  • 28-05-2023
  • Mathematics
contestada

$1,500 are deposited into an account with a 7% interest rate, compounded quarterly.

Find the accumulated amount after 5 years.

Hint: A=P(1+r/k)kt

1500 are deposited into an account with a 7 interest rate compounded quarterly Find the accumulated amount after 5 years Hint AP1rkkt class=

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