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25 October, 04:56

Find the balance in the account after the given period.

$500 principal earning 4% compounded quarterly, sfter 6 yr

- $1,281.65

- $634.87

- $709.26

- $632.66

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Answers (1)
  1. 25 October, 08:48
    0
    A=500 * (1+0.04:4) ^ (4*6)

    A=634.87
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