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 vunderkid
  • 15-12-2017
The final amount is $1190
Hope that helps
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