betip8oxtree betip8oxtree

14-12-2017
Mathematics

contestada

What is the final amount of $70.00 that is put into a savings account with 16% interest rate for 25 years, if the interest is compounded 4 times per year?

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vunderkid vunderkid

15-12-2017

The final amount is $1190
Hope that helps

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