Emmari6757 Emmari6757
  • 04-08-2022
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Kyle invested $15,000 in a savings account. if the annual interest rate is 5%, how much will be in the account in 10 years for quarterly compounding? round your answer to two decimal places.

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goofyahhincorp
goofyahhincorp goofyahhincorp
  • 04-08-2022

Answer: identify the values of each variable in the formulas. Remember to express the percent as a decimal.

Explanation:

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