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  • 17-04-2017
  • Mathematics
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Frank deposited $100 into an account that earns 4% interest which is compounded 4 times per year. How much money will Frank have in his account in 3 years?

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 17-04-2017
A=100×(1+0.04÷4)^(4×3)
A=112.68
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