snyderd1167 snyderd1167
  • 20-05-2020
  • Mathematics
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Suppose you deposit $1000 in a college fund that pays paid interest quarterly instead of annually. Find the account balance after 5 years

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Tundexi
Tundexi Tundexi
  • 24-05-2020

Answer:

$1,161.18 (assuming if interest rate is 3%)

Step-by-step explanation:

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