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Mei puts 600.00 in an account to use for school expenses . The account earns 10% interest , compound quarterly. How much interest will he have earned after 6 years

Mei puts 600.00 in an account to use for school expenses . The account earns 10% interest , compound quarterly. How much interest will he have earned after 6 years
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Mei puts 600.00 in an account to use for school expenses . The account earns 10% interest , compound quarterly. How much interest will he have earned after 6 years

asked
User Phil Jackson
by
7.6k points

1 Answer

2 votes
She would have $960.

Hope this helped:D

answered
User Igor Bukin
by
8.3k points
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