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In 2017, you are starting to plan for retirement. You decide to deposit $2.000 into a mutual fund that compounds quarterly and earns 4.2% annual interest. Find the balance in 20…

In 2017, you are starting to plan for retirement. You decide to deposit $2.000 into a mutual fund that compounds quarterly and earns 4.2% annual interest. Find the balance in 20…
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In 2017, you are starting to plan for retirement. You decide to deposit

$2.000 into a mutual fund that compounds quarterly and earns 4.2% annual interest.
Find the balance in 2027.

asked
User Derek Chiang
by
7.7k points

1 Answer

3 votes

Answer:

10,369.04

Explanation:

Sorry if i'm wrong i got a little confused with this

answered
User Ysrb
by
7.7k points
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