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Jeffrey opened a savings account with $15,000. His annual interest rate is 4.8%, and his interest is compounded quarterly. How much is in Jeffrey’s account after 7 years? interest compounded quarterly: A = P (1 + )4t

asked
User Chinnery
by
8.2k points

1 Answer

1 vote
I believe it is $33.60
answered
User WorkSmarter
by
8.5k points
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