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20 February, 19:04

The desired accumulated amount is $100,000 after 4 years invested in an account with a 4% interest compounded quarterly

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  1. 20 February, 19:46
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    A=p (1+i/m) ^mn

    A=100,000 * (1+0.04:4) ^ (4*4)

    A=117,257.86
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