ericakunor ericakunor
  • 24-06-2016
  • Mathematics
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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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daltonhardy
daltonhardy daltonhardy
  • 24-06-2016
70.00/16*25-4=105.375
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