asked 53.2k views
3 votes
Jack invests $4200 in a savings account paying 5.25% compounded quarterly, how much is in the account after 30 months?

asked
User Spicer
by
7.7k points

1 Answer

5 votes
it will have 25,000 dollars in 30 months
answered
User Chuanqi Sun
by
7.4k points
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