Wanda3TJones Wanda3TJones

28-11-2020
Mathematics

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Reagan opened a savings account and deposited 500.00 as principal the account earns 1% interest compounded quarterly what is the balance after 4 years

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Sonmito Sonmito

28-11-2020

[tex]the \: answer \: 20 \\ 500 \times 1 \times 4 \div 100 = \\ 5 \times 1 \times 4 = \\ 20[/tex]

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