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Randy invested $850 in a regular savings account that paid compound interest at a rate of 3.75% per year, compounded quarterly. How much was his investment worth in three years?…

Randy invested $850 in a regular savings account that paid compound interest at a rate of 3.75% per year, compounded quarterly. How much was his investment worth in three years?…
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Randy invested $850 in a regular savings account that paid compound interest at a rate of 3.75% per year, compounded quarterly. How much

was his investment worth in three years? a.$881.88 b.$950.71 c.$100.71 d.$95.63 e. $945.63

asked
User Omayr
by
8.3k points

1 Answer

6 votes

Answer:

the answer is a.

Explanation:

answered
User Khadeeja
by
7.5k points
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