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11 June, 19:00

You plan to invest $350 $350 in a growth fund that has a rate of 1.5% 1.5% compounded quarterly. How much money will this investment be worth after 50 50 years? Round to the nearest cent.

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  1. 11 June, 21:03
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    Is this a scatterproblem?

    If so then 350 * ((1.5) ^4) ^50 would be an answer?
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