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Abdul invests $5,000 at an interestrate of 4%, compounded quarterly.How much is the investment worth...
4 months ago
Q:
Abdul invests $5,000 at an interestrate of 4%, compounded quarterly.How much is the investment worthat the end of 3 years?
Accepted Solution
A:
Answer:about $5,203.02Step-by-step explanation:5000(1+(.04/4))^4