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Austin invested $60,000 in account paying an interest rate at 4.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dol…

Austin invested $60,000 in account paying an interest rate at 4.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dol…
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Austin invested $60,000 in account paying an interest rate at 4.7% compounded quarterly. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, will be in the account after 11 years?

asked
User Remyremy
by
8.4k points

1 Answer

7 votes

Answer:

100,300

Explanation:

answered
User Nlucaroni
by
8.9k points
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