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If you invested $2000 in an account that paid 8% annual Interest compounded quarterly, how much would the account be worth in 10 years? Round to the nearest hundredth/cent.

If you invested $2000 in an account that paid 8% annual Interest compounded quarterly, how much would the account be worth in 10 years? Round to the nearest hundredth/cent.
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If you invested $2000 in an account that paid 8% annual Interest compounded quarterly, how much would the account be worth in 10 years?

Round to the nearest hundredth/cent.

asked
User Biofractal
by
8.1k points

1 Answer

4 votes

Answer: A = $4,439.28

Rounded would be $4,439.3

Explanation:

answered
User Mayur Kotlikar
by
8.0k points
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